text: For U.S. federal income tax return purposes, the Company has a net operating loss 
  carryforward of $4 million, which will begin to expire in 2009. For state income tax 
  purposes, the Company has a New Jersey net operating loss carryforward of $122 
  million, which equates to a deferred tax asset of $7 million, after federal tax effect, 
  and before valuation allowance. The New Jersey net operating loss carryforwards 
  begin to expire in 2005. 