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NOTE 12 - INCOME TAXES | 12 Months Ended
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Dec. 31, 2015
Income Tax Disclosure [Abstract] |
Income Tax Disclosure [Text Block] | NOTE 12 - INCOME TAXES The components of pre-tax loss for the years ended December 31, 2015 and 2014 are as follows:
|  | 2015 |  |  | 2014 |
Domestic |  | $ | (1,404 | ) |  | $ | (99 | )
Foreign |  |  | (134 | ) |  |  | (46 | )
Total |  | $ | (1,538 | ) |  |  | (145 | )
The components of the provision for income taxes attributable to continuing operations for the years ended December 31, 2015 and 2014 are as follows:
|  | 2015 |  |  | 2014 |
Current: |  |  |  |  |  |
Federal |  | $ | - |  |  | $ | - |
State |  |  | 25 |  |  |  | 2 |
Foreign |  |  | 6 |  |  |  | (26 | )
Total current |  |  | 31 |  |  |  | (24 | )
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 165 |  |  |  | 130 |
State |  |  | 23 |  |  |  | 11 |
Foreign |  |  | - |  |  |  | - |
Total deferred |  |  | 188 |  |  |  | 141 |
|  | $ | 219 |  |  |  | 117 |
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of our deferred taxes at December 31, 2015 and 2014 are as follows:
|  | 2015 |  |  | 2014 |
DEFERRED TAX ASSETS: |  |  |  |  |  |
Current deferred tax assets |  |  |  |  |  |
Deferred revenue |  | $ | 382 |  |  | $ | 745 |
Accrued expenses |  |  | 85 |  |  |  | 107 |
Other |  |  | 51 |  |  |  | 41 |
|  |  | 518 |  |  |  | 893 |
Valuation allowance |  |  | (493 | ) |  |  | (847 | )
Net current deferred tax assets |  |  | 25 |  |  |  | 46 |
Noncurrent deferred tax assets |  |  |  |  |  |  |  |
Net operating losses |  |  | 40,389 |  |  |  | 40,196 |
Research and development credit carryforwards |  |  | 4,490 |  |  |  | 4,486 |
Minimum tax credit carryforwards |  |  | 161 |  |  |  | 161 |
Acquired intangibles |  |  | 183 |  |  |  | - |
Fixed assets |  |  | - |  |  |  | - |
Share based compensation |  |  | 11 |  |  |  | 11 |
Other |  |  | 22 |  |  |  | 4 |
|  |  | 45,256 |  |  |  | 44,858 |
Valuation allowance |  |  | (44,521 | ) |  |  | (43,960 | )
Net noncurrent deferred tax assets |  |  | 735 |  |  |  | 898 |
Noncurrent deferred tax liabilities |  |  |  |  |  |  |  |
Acquired intangibles |  |  | - |  |  |  | (587 | )
Fixed assets |  |  | (764 | ) |  |  | (361 | )
Goodwill |  |  | (640 | ) |  |  | (452 | )
Total noncurrent deferred tax liabilities |  |  | (1,404 | ) |  |  | (1,400 | )
Net current deferred tax asset (liability) |  |  | 25 |  |  |  | 46 |
Net noncurrent deferred tax liability |  | $ | (669 | ) |  | $ | (502 | )
At December 31, 2015, we had federal net operating loss carryforwards of approximately $117,748, research and development credit carryforwards of approximately $5,068 and alternative minimum tax credit carryforwards of approximately $161. The net operating loss and research and development credit carryforwards will expire in varying amounts from 2018 through 2035, if not utilized. Minimum tax credit carryforwards carry forward indefinitely. As a result of various acquisitions by us in prior years, we may be subject to a substantial annual limitation in the utilization of the net operating losses and credit carryforwards due to the “change in ownership” provisions of the Internal Revenue Code of 1986. The annual limitation may result in the expiration of net operating losses before utilization. Due to the uncertainty surrounding the timing of realizing the benefits of its favorable tax attributes in future tax returns, we have placed a valuation allowance against our net deferred tax assets, exclusive of goodwill. During 2015, the valuation allowance increased by approximately $207 due primarily to operations. Approximately $8,251 of the valuation allowance relates to tax benefits for stock option deductions included in our net operating loss carryforward which we will allocate, if and when realized, directly to contributed capital to the extent the benefits exceed amounts attributable to book deferred compensation expense. We consider undistributed earnings of our foreign subsidiaries as permanently reinvested and, accordingly, we have made no provision for U.S. federal or state income taxes thereon. Our provision for income taxes attributable to continuing operations differs from the expected tax expense (benefit) amount computed by applying the statutory federal income tax rate of 34% to income before income taxes as a result of the following:
|  | For 2015 |  |  | For 2014 |
Computed at statutory rate |  | $ | (521 | ) |  | $ | (49 | )
State taxes, net of federal benefit |  |  | 109 |  |  |  | 66 |
Permanent items and other |  |  | 188 |  |  |  | (80 | )
Credit carryforwards |  |  | (1 | ) |  |  | (90 | )
Foreign income taxed at different rates |  |  | 118 |  |  |  | (11 | )
Tax carryforwards not benefitted |  |  | 326 |  |  |  | 281 |
|  | $ | 219 |  |  | $ | 117 |
The total amount of unrecognized tax benefits as of January 1, 2015 was approximately $1,288. The reconciliation of our unrecognized tax benefits at the beginning and end of the year is as follows:
Balance at January 1, 2015 |  | $ | 1,288 |
Additions based on tax positions related to the current year |  |  | 28 |
Additions for tax positions of prior years |  |  | (26 | )
Balance at December 31, 2015 |  | $ | 1,290 |
As of December 31, 2015, we had $1,290 of unrecognized tax benefits, which would affect the effective tax rate if recognized. The Company’s assessment of its unrecognized tax benefits is subject to change as a function of the Company’s financial statement audit. Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense. During 2015, we recognized $2 of interest and penalties in our income tax expense. Asure files tax returns in the U.S. federal jurisdiction and in several state and foreign jurisdictions. We are no longer subject to U.S. federal income tax examinations for years ending before December 31, 2012 and are no longer subject to state and local or foreign income tax examinations by tax authorities for years ending before December 31, 2011. Asure is not currently under audit for federal, state or any foreign jurisdictions.

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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(h)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319 + Details
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