Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Income (Loss) Before Income Taxes

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

	Year Ended
	December 31,
	2014		2013
U.S.	$	1,805	$	(3,084	)
Foreign		578		21
Total	$	2,383	$	(3,063	)

Income Tax Expense (Benefit)

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

	Year Ended
	December 31,
	2014			2013
Current taxes:
Federal	$	(106	)	$	—
State and local		8			(14	)
Foreign		212			52
Current taxes		114			38
Deferred taxes:
Federal	$	—		$	2,181
State and local		—			—
Foreign		(76	)		(25	)
Deferred taxes		(76	)		2,156
Total	$	38		$	2,194

Components of Net Deferred Tax Assets

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

	December 31,
	2014			2013
Net deferred income tax assets:
Depreciation and amortization	$	472		$	775
Accrued expenses and reserves		921			2,968
Net operating loss carryforwards		22,194			20,652
Capital loss carryforwards		197			290
Research and development credit carryforwards		2,700			2,673
Stock-based compensation		615			487
Gross deferred tax assets		27,099			27,845
Less: valuation allowance		(26,842	)		(27,673	)
Net deferred tax assets	$	257		$	172

Net Deferred Tax Assets

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

	December 31,
	2014			2013
Net deferred tax assets:
Deferred tax assets—current	$	10		$	12
Deferred tax assets—non-current		391			304
Deferred tax liability		(144	)		(144	)
Net deferred tax assets	$	257		$	172

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 (in thousands, except percentages):

	Year Ended
	December 31,
	2014					2013
U.S. Federal tax expense (benefit) at statutory rates	$	810		34.0	%	$	(1,041	)	34.0	%
Increase (decrease) resulting from:
Tax credits		(27	)	(1.1	)%		(138	)	4.5	%
State income tax		4		0.2	%		(19	)	0.6	%
International operations		(360	)	(15.2	)%		(315	)	10.3	%
Incentive stock options		70		3.0	%		17		(0.6	)%
Valuation allowance		(696	)	(29.2	)%		3,614		(118.0	)%
Expiration of state NOLs		245		10.3	%		190		(6.2	)%
Other, net		(8	)	(0.4	)%		(114	)	3.7	%
Tax expense and effective tax rate	$	38		1.6	%	$	2,194		(71.7	)%