Income Tax (Tables)

12 Months Ended

Sep. 30, 2018

Income Tax

Provision for income taxe

The components of the provision for income taxes is as follows:
	Year Ended September 30,
	2018			2017
Current benefit:
Federal	$	-			-
State		(15	)		126
Total current benefit:	$	(15	)		126
Deferred benefit:
Federal	$	(898	)		(5,549	)
State		54			(595	)
Total deferred benefit:	$	(844	)		(6,144	)
Total income tax benefit:	$	(859	)		(6,018	)

Reconciliation of income tax rate

A reconciliation of the Company’s statutory income tax rate to the Company’s effective income tax rate is as follows:
	Year Ended September 30,
	2018			2017
Income at US Statutory Rate	$	(2,064	)	$	(2,853	)
State Taxes, net of Federal benefit		(76	)		(633	)
Tax Credits		(176	)		(99	)
Acquisition Related Costs		(108	)		476
Statutory Rate Changes		41			(571	)
Valuation Allowance		1,167			(2,370	)
Other		357			32
	$	(859	)	$	(6,018	)

Net deferred income tax

The net deferred income tax asset balance related to the following:
	Year Ended September 30,
	2018			2017
Net Operating Losses	$	6,710		$	8,177
Stock Options		969			881
Allowance for Doubtful Accounts		140			958
Accrued & Prepaid Expenses		469			911
Tax Credit Carryforwards		404			171
Other		4			-
Total Deferred tax assets	$	8,696		$	11,098
Intangibles	$	(6,006	)	$	(10,308	)
Depreciation		(31	)		(110	)
Total deferred tax liability	$	(6,037	)	$	(10,418	)
Deferred tax asset	$	2,659		$	680
Valuation allowance		(2,805	)		(1,638	)
Net deferred tax liability	$	(146	)	$	(958	)