Ekso Bionics Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of domestic and foreign components of pre-tax loss

The domestic and foreign components of pre-tax loss for the years ended December 31, 2017, 2016, and 2015 were as follows:

	Years Ended December 31,
	2017		2016		2015
Domestic	$	(26,434)	$	(21,458)	$	(19,918)
Foreign		(2,688)		(2,012)		328
Loss before income taxes	$	(29,122)	$	(23,470)	$	(19,590)

Schedule of income tax expense (benefit) differed from the amounts computed by applying the statutory federal income tax rate to pretax income (loss)

Income tax expense (benefit) for the years ended December 31, 2017, 2016, and 2015 differed from the amounts computed by applying the statutory federal income tax rate of 34% to pretax income (loss) as a result of the following:

	Years Ended December 31,
	2017			2016			2015
Federal tax at statutory rate		34.0	%		34.0	%		34.0	%
State tax, net of federal tax effect		-			-			-
R&;D credit		1.2			0.9			0.5
Change in valuation allowance		18.9			(40.8)			(38.4)
Deferred tax impacts of the Tax Act		(59.1)			-			-
Unrealized (gain) loss on warrant		3.1			6.2			4.3
Foreign		(0.4)			(0.4)			0.5
Other		2.3			0.3			0.1
Total tax expense		-	%		-	%		-	%

Schedule of tax effects of temporary differences and related deferred tax assets and liabilities

The tax effects of temporary differences and related deferred tax assets and liabilities as of December 31, 2017 and 2016 were as follows:

	December 31,
	2017		2016

Deferred tax assets:
Depreciation and other	$	242	$	61
Net operating loss carryforwards		31,590		35,647
Unused R&; D tax credits		1,359		872
Accruals &; reserves		524		951
Deferred Revenue		253		246
Stock Compensation		2,277		2,430
Other		42		86
Deferred tax liabilities:
Depreciation and other		-		-
Prepaid expenses		(314)		(168)
Less: Valuation allowance		(35,973)		(40,125)
Net deferred tax asset (liability)	$	-	$	-

Schedule of reconciliation of the beginning and ending amount of unrecognized tax benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits were as follows:

Balance at December 31, 2013	$	93
Increase of unrecognized tax benefits taken in prior years		4
Increase of unrecognized tax benefits related to current year		46
Balance at December 31, 2014		143
Decrease of unrecognized tax benefits taken in prior years		(19)
Increase of unrecognized tax benefits related to current year		75
Balance at December 31, 2015		199
Increase of unrecognized tax benefits taken in prior years		4
Increase of unrecognized tax benefits related to current year		132
Balance at December 31, 2016		335
Increase of unrecognized tax benefits taken in prior years		33
Increase of unrecognized tax benefits related to current year		119
Balance at December 31, 2017	$	487