| Schedule of Components of income tax provision (benefit) |
| | | December 31, | | | | | 2014 | | | 2013 | | | Current | | | | | | | | Federal | | $ | - | | | $ | - | | | State | | | 843 | | | | - | | | | | | 843 | | | | - | | | Deferred | | | | | | | | | | Federal | | | (1,744,445 | ) | | | (491,900 | ) | | State | | | (314,699 | ) | | | (71,500 | ) | | | | | (2,059,144 | ) | | | (563,400 | ) | | Change in valuation allowance | | | 2,059,144 | | | | 563,400 | | | Total income tax provision | | $ | 843 | | | $ | - | |
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| Schedule of deferred tax assets |
| | | December 31, | | | | | 2014 | | | 2013 | | | Deferred tax assets: | | | | | | | | Net operating loss carryforward | | $ | 2,487,784 | | | $ | 639,100 | | | Tax credits | | | 75,337 | | | | - | | | Accruals and reserves | | | 23,023 | | | | - | | | Restricted stock | | | 114,712 | | | | - | | | Derivative liability | | | - | | | | 10,421 | | | Total deferred tax assets before valuation allowance: | | $ | 2,700,856 | | | $ | 649,521 | | | Valuation allowance | | | (2,698,243 | ) | | | (639,100 | ) | | Deferred tax assets, net of valuation allowance | | | 2,613 | | | | 10,421 | | | | | | | | | | | | | Deferred tax liabilities: | | | | | | | | | | Fixed assets | | $ | (2,613 | ) | | $ | - | | | Convertible debt | | | - | | | | (10,421 | ) | | Total deferred tax liabilities | | | (2,613 | ) | | | (10,421 | ) | | | | | | | | | | | | Net deferred tax asset (liability) | | $ | - | | | $ | - | |
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