2.4.0.8305 - Disclosure - INCOME TAXES (Tables)truefalsefalse1false falsefalsefrom-2012-01-01-to-2012-12-31.4025.0.0.0.0.0.0.0http://www.sec.gov/CIK0001325964duration2012-01-01T00:00:002012-12-31T00:00:001true 1us-gaap_IncomeTaxDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0INCOME TAXES [Abstract]2false 2us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div> The income tax benefit (provision) consists of the following: <table style="FONT-SIZE: 10pt; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0" align="center"> <tr style="FONT-SIZE: 0px"> <td width="285"> </td> <td width="19"> </td> <td width="104"> </td> <td width="17"> </td> <td width="95"> </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="285">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="19">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="104"> 2012 </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="17">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="95"> 2011 </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="285">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="19">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="104">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="17">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="285"> Current </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="19">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="104"> $ (1,563,000) </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="17">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> $ (895,000) </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="285"> Deferred </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="19">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="104"> (576,000) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="17">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95"> (602,000) </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="285"> Change in valuation allowance </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="19">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="104"> 2,139,000  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="17">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> 1,497,000  </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="285">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="19">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="104">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="17">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="285">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="19">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="104"> $ -  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="17">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> $ -  </td> </tr> </table> </div> </div>falsefalsefalsenonnum:textBlockItemTypenaTabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 false0Schedule of Income Tax Benefit (Provision)3false 2us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div> The reconciliation of the statutory federal rate to the Company's effective Income tax rate is as follows: <table style="FONT-SIZE: 10pt; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0" align="center"> <tr style="FONT-SIZE: 0px"> <td width="268"> </td> <td width="14"> </td> <td width="97"> </td> <td width="14"> </td> <td width="38"> </td> <td width="14"> </td> <td width="95"> </td> <td width="14"> </td> <td width="38"> </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="150" colspan="3"> 2012 </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="148" colspan="3"> 2011 </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="97">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="97">  Amount </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="38"> % </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="95">  Amount </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="38">  % </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="268"> Income tax benefit at U.S. </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="97">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268"> federal income tax rate </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="97"> $ (1,549,000) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38"> (34) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95"> $ (1,184,000) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38"> (34) </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="268"> State tax, net of federal tax effect </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="97"> (410,000) </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> (9) </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> (313,000) </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> (9) </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268"> Non-deductible share-based compensation </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="97"> (180,000) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38"> (4) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95"> -  </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38"> - </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="268"> Change in valuation allowance </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="97"> 2,139,000  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> 47 </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> 1,497,000  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> 43 </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="268">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="97">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="95">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="14">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="38">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="268">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="97"> $ -  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> - </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="95"> $ -  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="14">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="38"> - </td> </tr> </table> </div> </div>falsefalsefalsenonnum:textBlockItemTypenaTabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319 false0Schedule of Effective Income Tax Reconciliation4false 2us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <div> The components of deferred tax assets as of December 31, 2012, and December 31, 2011 are as follows: <table style="FONT-SIZE: 10pt; MARGIN-TOP: 0px" cellspacing="0" cellpadding="0" align="center"> <tr style="FONT-SIZE: 0px"> <td width="316"> </td> <td width="31"> </td> <td width="105"> </td> <td width="15"> </td> <td width="108"> </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="316">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="31">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="105"> 2012 </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="15">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="108"> 2011 </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="316">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="31">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="105">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="15">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="108">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="316"> Deferred tax asset for NOL carryforwards </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="31">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="105"> $ 8,647,000  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="15">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="108"> $ 7,084,000  </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="316"> Share-based compensation </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="31">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="105"> 2,966,000  </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="15">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="108"> 2,390,000  </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="316"> Accrued expenses </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="31">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="105"> 17,000  </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="15">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="108"> 17,000  </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="316"> Valuation allowance </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="31">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="105"> (11,630,000) </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="15">   </td> <td style="BORDER-BOTTOM: #000000 1px solid; MARGIN-TOP: 0px" valign="bottom" width="108"> (9,491,000) </td> </tr> <tr> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="316">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="31">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="105">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="15">   </td> <td style="MARGIN-TOP: 0px; BACKGROUND-COLOR: #ccffff" valign="bottom" width="108">   </td> </tr> <tr> <td style="MARGIN-TOP: 0px" valign="bottom" width="316">   </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="31">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px" valign="bottom" width="105"> $ -  </td> <td style="MARGIN-TOP: 0px" valign="bottom" width="15">   </td> <td style="BORDER-BOTTOM: #000000 3px double; MARGIN-TOP: 0px" valign="bottom" width="108"> $ -  </td> </tr> </table> </div> </div>falsefalsefalsenonnum:textBlockItemTypenaTabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 false0Schedule of Deferred Tax AssetsfalseINCOME TAXES (Tables)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://lightwavelogic.com/role/IncomeTaxesTables14