Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Income (Loss) Before Income Taxes

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

	Year Ended December 31,
	2013			2012
U.S.	$	(3,084	)	$	1,687
Foreign		21			(405	)
Total	$	(3,063	)	$	1,282

Income Tax Expense

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

	Year Ended December 31,
	2013			2012
Current taxes:
Federal	$	—		$	—
State and local		(14	)		27
Foreign		52			72
Current taxes		38			99
Deferred taxes:
Federal	$	2,181		$	459
State and local		—			—
Foreign		(25	)		(192	)
Deferred taxes		2,156			267
Total	$	2,194		$	366

Components of Net Deferred Tax Assets

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

	December 31,
	2013			2012
Net deferred income tax assets:
Depreciation and amortization	$	775		$	917
Accrued expenses and reserves		2,968			1,771
Net operating loss carryforwards		20,652			20,509
Capital loss carryforwards		290			290
Research and development credit carryforwards		2,673			2,535
Stock-based compensation		487			425
Gross deferred tax assets		27,845			26,447
Less: valuation allowance		(27,673	)		(24,102	)
Net deferred tax assets	$	172		$	2,345

Net Deferred Tax Assets

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

	December 31,
	2013			2012
Net deferred tax assets:
Deferred tax assets—current	$	12		$	296
Deferred tax assets—non-current		304			2,255
Deferred tax liability		(144	)		(206	)
Net deferred tax assets	$	172		$	2,345

Schedule of Provision for Income Taxes

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

	Year Ended December 31,
	2013			2012
Taxes at the U.S. statutory rate		34.0	%		34.0	%
Increase (decrease) resulting from:
Tax credits		4.5			—
State income tax		0.6			0.7
International operations		10.3			(21.3	)
Incentive stock options		(0.6	)		1.0
Valuation allowance		(118.0	)		(8.3	)
Expiration of state NOLs		(6.2	)		22.1
Other, net		3.7			0.4
		(71.7	)%		28.6	%