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Income Taxes
6 Months Ended
Jun. 30, 2013
Income Taxes  
Note 2. INCOME TAXES

The Company has substantial U.S. net operating loss carryforwards that will expire in 2023 through 2030. These carryforwards are subject to certain limitations on annual utilization and in the event of a change in ownership, as defined by tax law. See Note 2 to the Company’s financial statements in its Form 10-K for the year ended December 31, 2012.

 

The Company’s income tax returns remain subject to examination for the years 2009 through 2012 for federal and state purposes.