Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The Company’s tax expense differs from the “expected” tax expense for the years ended December 31, 2013 and 2012 (computed by applying the Federal Corporate tax rate of 34% to loss before taxes and 3.96% for Michigan State Corporate taxes, the blended rate used was 37.96%), as follows (in thousands):

	2013		2012
Computed “expected” tax benefit - Federal	$	(4,188)	$	(5,803)
Computed “expected” tax benefit - State		(488)		(676)
Meals, entertainment and other		6		5
Non-deductible stock-based compensation		511		518
Realized loss on debt securities		-		-
Change in valuation allowance		4,159		5,956
	$	-	$	-

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The effects of temporary differences that gave rise to significant portions of deferred tax assets at December 31, 2013 and 2012 are as follows (in thousands):

Deferred tax assets:	2013		2012
Stock issued for services	$	441	$	318
Bad debt - change in allowance		1,099		1,099
Stock issued for acquisition of program		652		444
Stock issued for license agreement		2,707		2,989
Net operating loss carry-forward		16,168		12,058
Total gross deferred tax assets		21,067		16,908
Less valuation allowance		(21,067)		(16,908)
Net deferred tax assets	$	-	$	-