Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014, 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):

	2014			2013			2012
Tax expense/(benefit) at statutory rate – Federal	$	(6,727	)	$	(4,188	)	$	(5,803	)
Tax expense/(benefit) at statutory rate – State		(783	)		(488	)		(676	)
NOL carryforward adjustment per tax return		(687	)		—			—
Meals, entertainment and other		13			6			5
Non-deductible stock-based compensation		789			511			518
Fair Market Value adjustment – Warrants		(235	)		—			—
Change in valuation allowance		7,630			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, 2014 and 2013 are as follows (in thousands):


	2014			2013
Deferred tax assets:
Stock issued for services	$	585		$	441
Bad debt – change in allowance		—			1,099
Stock issued for acquisition of program		949			652
Stock issued for license agreement		2,507			2,707
Net operating loss carry-forward		24,657			16,168
Total gross deferred tax assets		28,698			21,067
Less valuation allowance		(28,698	)		(21,067	)
Net deferred tax assets	$	—		$	—