7.	INCOME TAXES

The provision for income taxes for the three months ended June 30, 2015 was $0.1 million, or 0.7% of pretax loss, compared to a provision for income taxes of $0.4 million, or 4.0%, of pretax loss for the quarter ended June 30, 2014. The provision for income taxes for the six months ended June 30, 2015 was $0.1 million, or 0.7% of pretax loss, compared to a provision for income taxes of $0.8 million, or 4.1% of pretax loss.

The Company assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use the existing deferred tax assets. A significant piece of objective negative evidence was the cumulative losses incurred by the Company in recent years. On the basis of this evaluation the realization of the Company’s deferred tax assets was not deemed to be more likely than not and thus the Company maintained a full valuation allowance on its net deferred tax assets as of June 30, 2015.