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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2018
Income Taxes  
Schedule of tax effects of temporary differences that give rise to significant portions of deferred tax assets

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2018

    

2017

Deferred tax assets:

 

 

                 

 

 

                 

Net operating loss carryforwards

 

$

51,240

 

$

47,427

Research credit carryforward

 

 

6,904

 

 

6,296

Stock options and other

 

 

2,655

 

 

2,296

Total gross deferred tax assets

 

 

60,799

 

 

56,019

Valuation allowance for deferred tax assets

 

 

(60,799)

 

 

(56,019)

Net deferred tax assets

 

$

 —

 

$

 —

 

Schedule of reconciliation of U.S. statutory income tax rate to effective tax rate

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

    

2018

    

2017

    

2016

 

Federal income tax at statutory rate

 

21.0

%  

34.0

%  

34.0

%

State income tax benefit, net of federal benefit

 

6.0

%  

6.0

%  

6.0

%

Research and development tax credits

 

3.0

%  

3.0

%  

2.0

%

Effect of tax rate changes

 

0.0

%  

-94.0

%

0.0

%

Other

 

-4.0

%  

-1.0

%  

1.0

%

Decrease (increase) to valuation allowance

 

-24.0

%  

52.0

%  

-33.0

%

Effective income tax rate

 

2.0

%  

0.0

%  

10.0

%