Income Tax Expense (Details Narrative) - USD ($) |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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Unrecognized tax benefits | $ 269,344 | |
Valuation allowance for deferred tax assets | 23,234,000 | $ 19,438,896 |
Change in valuation allowance | 3,795,104 | 1,428,358 |
Federal [Member] | ||
Net operating loss carry forwards | $ 58,000,000 | 51,300,000 |
Operating loss carryforwards expiration date | Dec. 31, 2035 | |
New Jersey State [Member] | ||
Net operating loss carry forwards | $ 7,200,000 | $ 11,900,000 |
Operating loss carryforwards expiration date | Dec. 31, 2022 |
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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