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9. Income Taxes
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
9. Income Taxes

No tax benefit has been recognized for the gain/loss in the three month periods ended March 31, 2017 and 2016 as the Company has fully offset the related deferred tax asset for the loss carry forward by a valuation allowance due to cumulative losses incurred by the Company and its subsidiaries during the prior three years.