Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

INCOME TAXES

Schedule of reconciliation of income tax expense at the statutory rate to income tax expense at Entity's effective tax rate

	2017		2016		2015
Tax Expense (Benefit) Computed at 34 % of Pretax Income (Loss)	$	(8,813,237)	$	(6,595,452)	$	(4,903,000)
Changes in Tax Laws		29,450,000		—		—
Foreign Income Tax Expense		—		(404,527)		—
Effect of Change in Valuation Allowance		20,636,763		(6,595,452)		(4,903,000)
Total Income Tax Expense	$	—	$	404,527	$	—

Schedule of details of the net deferred tax asset

	December 31,
	2017		2016
Deferred tax assets:
Net Operating Loss Carryforward	$	35,030,000	$	51,463,000
Stock Based Compensation		5,030,000		7,704,000
Deferred Revenue		3,512,000		6,478,000
General Business Credit		6,872,000		6,146,000
Accrued Expenses		341,000		605,000
Inventories		909,000		494,000
Book over Tax Depreciation		32,000		61,000
Allowance for Doubtful Accounts		2,000		2,000
Total Deferred Tax Assets		51,728,000		72,953,000
Deferred Tax Liabilities:
Goodwill & Intangible Assets		98,000		137,000
Prepaid Expenses		136,000		182,000
Total Deferred Tax Liabilities		234,000		319,000
Subtotal		51,494,000		72,634,000
Valuation Allowance		(51,494,000)		(72,634,000)
Net Deferred Tax Asset	$	—	$	—