EFTA Document EFTA01377806

S-I/A This amount will be credited to stockholders' equity when it is realized on the tax return. As of December 31, 2014, the Company also had $6.9 million of federal and $5.4 million of state research credit carryforwards. The federal credit carryforward will begin to expire in 2029 while the state credit carryforward has no expiration date. The Company also has California Enterprise Zone credit carryforwards of $1.8 million, which will begin to expire in 2023. F-31 Table of Contents An