General form of registration statement for all companies including face-amount certificate companies

10. Income Taxes (Details - Deferred Tax Assets)

v3.5.0.2
10. Income Taxes (Details - Deferred Tax Assets) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Dec. 31, 2014
Deferred tax assets:      
Foreign capital loss carryforwards   $ 1,775,932 $ 1,874,254
U.S. federal net operating loss carryforwards   1,659,050 923,816
Share-based compensation   1,313,226 52,320
Enhanced research and development tax credits   852,272 786,342
U.S. state net operating loss carryforwards   422,622 233,825
Accrued expenses   44,557 157,329
Depreciation   25,823 37,703
Other   4,998 115,384
Total deferred tax assets before valuation allowance   15,902,784 13,773,409
Deferred tax liability:      
Indefinite-lived intangible asset   (2,918,518) (3,080,096)
Debt discount   (578,346) 0
Total deferred tax liabilities   (3,496,864) (3,080,096)
Less valuation allowance $ (16,500,000) (15,324,438) (13,773,409)
Total net deferred tax liability $ (2,918,518) (2,918,518) (3,080,096)
GERMANY      
Deferred tax assets:      
Foreign net operating loss carryforwards   401,906 393,638
UNITED KINGDOM      
Deferred tax assets:      
Foreign net operating loss carryforwards   9,402,398 9,198,798
Foreign capital loss carryforwards   $ 1,775,932 $ 1,874,254