Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income (loss) before income taxes

Income (loss) before income taxes consists of the following (in thousands):

	Year Ended December 31,
	2012			2011
U.S.	$	1,687		$	(717	)
Foreign		(405	)		88
Total	$	1,282		$	(629	)

Income tax expense (benefit)

Income tax expense (benefit) consists of the following (in thousands):

	Year Ended December 31,
	2012			2011
Current taxes:
Federal	$	—		$	(90	)
State and local		27			33
Foreign		72			(11	)
Current taxes		99			(68	)
Deferred taxes:
Federal	$	459		$	—
State and local		—			—
Foreign		(192	)		(98	)
Deferred taxes		267			(98	)
Total	$	366		$	(166	)

Components of net deferred tax assets

The components of net deferred tax assets consist of the following (in thousands):

	December 31,
	2012			2011
Net deferred income tax assets:
Depreciation and amortization	$	917		$	1,055
Accrued expenses and reserves		1,771			1,796
Net operating loss carryforwards		20,509			20,768
Capital loss carryforwards		290			345
Research and development credit carryforwards		2,535			2,535
Stock-based compensation		425			305
Gross deferred tax assets		26,447			26,804
Less: valuation allowance		(24,102	)		(24,192	)
Net deferred tax assets	$	2,345		$	2,612

Net deferred tax assets

Our net deferred tax assets are recorded as follows (in thousands):

	December 31,
	2012			2011
Net deferred tax assets:
Deferred tax assets—current	$	296		$	520
Deferred tax assets—non-current		2,255			2,302
Deferred tax liability		(206	)		(210	)
Net deferred tax assets	$	2,345		$	2,612

Schedule of Effective Income Tax Rate Reconciliation

The provision for income taxes differs from the amount of income tax determined by applying the applicable U.S. statutory federal income tax rate to pre-tax income, as a result of the following:

	Year Ended December 31,
	2012			2011
Taxes at the U.S. statutory rate		34.0	%		34.0	%
Increase (decrease) resulting from:
Tax credits		—			39.5
State income tax		0.7			(2.5	)
International operations		(21.3	)		(4.9	)
Incentive stock options		1.0			7.9
Valuation allowance		(8.3	)		(21.2	)
Transaction costs		—			(6.1	)
Expiration of state NOLs		22.1			(14.0	)
Other, net		0.4			(6.3	)
		28.6	%		26.4	%