Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	For the Years ended December 31,
(In thousand $)	2019		2018
Current state provision	$	—	$	(1,124)
Deferred state provision	—		—
Valuation allowance	—		—
Current federal provision	—		—
Deferred federal provision	—		—
Total tax provision	$	—	$	(1,124)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
(In thousand $)	2019		2018
Federal net operating losses	$	6,516	$	5,669
State net operating losses	184		31
Stock options	664		646
Federal tax credit	190		190
Amortization	181		198
Depreciation	31		20
Accrued expenses	47		4
Contributions	5		10
Other	32		62
Total gross deferred tax assets/(liabilities)	7,850		6,830
Less valuation allowance	(7,850)		(6,830)
Net deferred tax assets/(liabilities)	$	—	$	—

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	For the Years Ended December 31,
(In thousand $)	2019			2018
Federal statutory tax benefit	$	(894)		$	(676)
Sale of NJ NOL credits	—			(1,124)
Permanent differences	9			30
State taxes	1			2
True up	(61)			53
Valuation allowance	947			591
Effective tax rate dollars	$	2		$	(1,124)
Effective tax rate percentage	1.96		%	34.74		%