XML 63 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Income Taxes
6 Months Ended
Jun. 30, 2013
Income Taxes  
Income Taxes

7. Income Taxes

 

During the year ended December 31, 2012 the Company recorded refundable tax credits in prepaid and other current assets for its (i) 2011 New York State QETC credit, totaling $250,000 and (ii) the 2012 New York City Biotechnology Tax Credit totaling $250,000. These credits have been recorded as other current assets at December 31, 2012 and June 30, 2013. On July 23, 2013, the Company received $250,000 for the 2011 New York State QETC credit.