8. Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Provision for income taxes

	2019			2018
	(in thousands)
Current:
Federal	$	–		$	–
State		(34	)		(87	)
Foreign		1,858			(1,092	)
Total current		1,824			(1,179	)
Deferred:
Federal		–			–
State		–			–
Total deferred		–			–
Income tax benefit (expense)	$	1,824		$	(1,179	)

Schedule of deferred taxes

	2019			2018
	(in thousands)
Deferred tax assets:
Net operating loss and capital loss carryforwards and credits	$	112,280		$	104,862
Unrealized loss on investments held at fair value		538			2,455
Stock compensation		358			1,365
Fixed assets and intangibles		1,316			3,330
Basis of investments in affiliates		300			286
Accrued liabilities and other		631			208
State taxes		25			26
Total deferred tax assets		115,448			112,532
Valuation allowance		(115,077	)		(112,514	)
Total deferred tax assets, net of valuation allowance		371			18
Deferred tax liabilities:
ROU Asset		(347	)		–
Other		(24	)		(18	)
Total deferred tax liabilities		(371	)		(18	)
Net deferred tax assets (liabilities)	$	–		$	–

Reconciliation of income tax rate

	2019		2018
Statutory federal tax rate - (benefit) expense		21%		21%
State income and foreign taxes, net of federal tax effect		7%		(1)%
Foreign tax credit		–%		–%
Noncontrolling interests in operating subsidiaries		–%		–%
Nondeductible permanent items		1%		(1)%
Change in tax rate		–%		–%
Expired capitalized loss		(2)%		–%
Valuation allowance		(13)%		(20)%
Other		(4)%		–%
		10%		(1)%