PROVISION FOR INCOME TAXES

3 Months Ended

Mar. 31, 2015

PROVISION FOR INCOME TAXES [Abstract]

6.	PROVISION FOR INCOME TAXES

In determining our provision for income taxes, we consider all available information, including operating results, ongoing tax planning, and forecasts of future taxable income. The significant components of the Company’s deferred tax assets consist of stock-based compensation and deferred revenues. For the three month period ended March 31, 2015, the provision for income taxes was $1.3 million. As of March 31, 2015 and December 31, 2014, our remaining deferred tax assets were approximately $1.1 million.

For the three month period ended March 31, 2014, the provision for income taxes was $0.4 million. For the three month period ended March 31, 2014, the valuation allowance with respect to the Company’s net deferred tax assets remained unchanged. As of March 31, 2014, our remaining deferred tax assets were approximately $1.5 million.

As of March 31, 2015, the Company believes that there are no significant uncertain tax positions and no amounts have been recorded for interest and penalties.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

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