Income Taxes |
9 Months Ended |
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Sep. 30, 2015 | |
Income Tax Disclosure [Abstract] | |
Income Taxes |
11. Income Taxes
Utilization of the Companys net operating loss may be subject to substantial annual limitation due to the ownership change limitations provided by the Internal Revenue Code and similar state provisions. Such an annual limitation could result in the expiration of net operating loss carryforwards prior to utilization.
The Companys policy is to account for interest and penalties as income tax expense. As of September 30, 2015 and December 31, 2014, the Company has not recognized any interest or penalties related to unrecognized tax benefits.
The Company files income tax returns in the U.S. federal jurisdiction and California state jurisdiction. The Companys tax year for calendar year 2014 is open to examination by the U.S. federal and California state tax authorities. |
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- References No definition available.
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- Definition The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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