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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2016
Income Taxes Tables  
Income tax provision

 

($ in thousands)   Year Ended December 31,  
Current   2016     2015     2014  
Federal   $     $     $  
State                  
Foreign     21       22       25  
                         
Deferred                        
Federal                  
State                  
Foreign                  
                         
    $ 21     $ 22     $ 25  

 

Deferred tax assets

($ in thousands)   2016     2015     2014  
                     
Net operating loss carryforwards   $ 17,829     $ 15,948     $ 14,200  
Intangible and fixed assets     102       220       427  
Stock based compensation     2,324       1,861       1,565  
Reserves and accrued expenses     8       8       6  
Other                 (85 )
      20,263       18,037         16,113  
Less valuation allowance     (20,263 )     (18,037 )     (16,113 )
                         
Net deferred tax assets   $     $     $  

 

Reconciliation Income Tax Rate

  2016     2015     2014  
                 
Amounts computed at statutory rates   $ (3,239 )   $ (2,902 )   $ (2,699 )
State income tax, net of federal benefit     (462 )     (262 )     (212 )
Expiration of net operating loss carryforwards     1,082       695       708  
Non-deductible interest     49       149       145  
Foreign taxes     362       413       386  
Other     3       5       4  
Net change in valuation allowance on deferred tax assets     2,226       1,924       1,693  
                         
    $ 21     $ 22     $ 25