| Schedule of Deferred Tax Assets |
| |
2015 |
|
|
2014 |
|
|
|
| Deferred tax assets: |
|
|
|
|
|
|
|
| Depreciation |
$ |
113,000 |
|
|
$ |
113,000 |
|
| Allowance for bad debts |
|
211,000 |
|
|
|
108,000 |
|
| Net operating loss carry-forwards |
|
23,628,000 |
|
|
|
25,469,000 |
|
| Stock option expense |
|
1,358,000 |
|
|
|
1,439,000 |
|
| Research and other credits |
|
1,154,000 |
|
|
|
1,031,000 |
|
| Other temporary differences |
|
15,000 |
|
|
|
15,000 |
|
| Total gross deferred tax assets |
|
26,479,000 |
|
|
|
28,175,000 |
|
| Less valuation allowance |
|
(26,479,000 |
) |
|
|
(28,175,000 |
) |
| |
$ |
- |
|
|
$ |
- |
|
|