Income taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income taxes

Schedule of income tax provision (benefit)

	Years Ended
	December 31,
($000’s)	2019		2018
Current:
Federal	$	(7)	$	(38)
State		138		123
Foreign		1,013		328
Deferred:
Federal		(8,990)		(10,625)
State		(1,638)		(1,947)
Foreign		(627)		22
	$	(10,111)	$	(12,137)

Schedule of income tax rate reconciliation

	Years Ended
	December 31,
($000’s)	2019		2018
Computed “expected” tax benefit	21.0	%	21.0	%
State income tax benefit, net of federal tax effect	2.8	%	3.4	%
Permanent differences	(0.5)	%	(0.3)	%
Foreign rate differential	0.2	%	(0.1)	%
Remeasurement Gain/Loss	0.5	%	0.0	%
Tax credits	2.2	%	2.3	%
Valuation allowance	(1.1)	%	(0.5)	%
Transaction costs	(0.4)	%	(0.1)	%
Deferred rate change	(0.3)	%	(0.2)	%
GILTI inclusion	(0.5)	%	(1.3)	%
Other	(0.2)	%	0.9	%
	23.7	%	25.1	%

Schedule of components of net deferred tax assets and liabilities

	December 31,
($000’s)	2019		2018
Deferred tax assets:
Allowance for doubtful accounts	$	49	$	15
Accrued compensation		1,911		1,600
Deferred revenue		2,554		1,288
Deferred rent		191		68
Equipment and leasehold improvements		285		254
Stock options		882		410
Federal tax credits		3,301		2,547
Other		988		514
Net operating losses		25,157		26,161
State research and development tax credits		1,383		1,219
Business interest limitation		7,945		4,176
Valuation allowance		(1,213)		(750)
Net deferred tax assets		43,433		37,502
Deferred tax liabilities:
Prepaid items		(691)		(500)
Deferred contract costs		(5,322)		(2,676)
Intangibles		(55,553)		(60,710)
Net deferred tax assets (liabilities)	$	(18,133)	$	(26,384)