XML 26 R13.htm IDEA: XBRL DOCUMENT v3.5.0.2
Income Taxes
6 Months Ended
Jun. 30, 2016
Income Tax Disclosure [Abstract]  
Income Taxes

7. Income Taxes

 

The Company has not recorded a current or deferred tax provision for the three and six months ended June 30, 2016 or 2015 due to the Company’s net losses and the uncertainty of realization of any related tax benefit in the future.

 

The Company recognizes tax liabilities for uncertain income tax positions based on management’s estimate of whether it is more likely than not that additional tax will be required to be paid. The Company had no uncertain tax positions as of June 30, 2016 or December 31, 2015. It is the Company’s practice to recognize interest and penalties accrued on any uncertain tax positions as a component of income tax expense. The Company does not expect any material changes in uncertain tax positions over the next twelve months.