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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of components of income tax provision | The income tax expense attributable to the Company’s loss before income taxes consisted of the following:
(In Thousands) |  | Years Ended December 31,
|  | 2019 |  | 2018
Current Taxes |  |  |  |  |  |
Federal |  | $ | — |  | $ | —
State |  |  | — |  |  | —
|  |  | — |  |  | —
Deferred Taxes |  |  |  |  |  |
Federal |  |  | (1,016) |  |  | (587)
State |  |  | (743) |  |  | (651)
Increase in valuation allowance |  |  | 1,839 |  |  | 1,714
|  |  | 80 |  |  | 476
|  | $ | 80 |  | $ | 476
Schedule of effective income tax rate reconciliation | A reconciliation of the federal income tax statutory rate and the Company’s effective tax rate is as follows:
(In Thousands) |  | Years Ended December 31,
|  | 2019 |  | 2018
Tax Rate Reconciliation |  | Percent |  | Amount |  | Percent |  | Amount
Federal income tax benefit at U.S. statutory rate |  | 21.0 | % | $ | (1,208) |  | 21.0 | % | $ | (817)
State taxes, net of federal benefit |  | 10.2 | % |  | (587) |  | 13.2 | % |  | (515)
Change in valuation allowance(1) |  | (32.0) | % |  | 1,839 |  | (44.0) | % |  | 1,714
Permanent differences |  | (3.7) | % |  | 215 |  | (6.3) | % |  | 247
Credits |  | 2.7 | % |  | (156) |  | 3.7 | % |  | (146)
Other |  | 0.4 | % |  | (23) |  | 0.2 | % |  | (7)
|  | (1.4) | % | $ | 80 |  | (12.2) | % | $ | 476
For 2018, this change is presented with tax reform consideration.
Schedule of deferred tax assets and liabilities | The Company’s deferred tax assets (liabilities) consisted of the following:
(In Thousands) |  | December 31,
|  | 2019 |  | 2018
Deferred tax assets: |  |  |  |  |  |
Deferred compensation |  | $ | 591 |  | $ | 744
Intangible assets and amortization |  |  | 3,761 |  |  | 4,023
Net operating loss carry-forwards |  |  | 7,834 |  |  | 6,210
Accrued expenses |  |  | 853 |  |  | 975
Allowance for doubtful accounts |  |  | 32 |  |  | 22
Credits |  |  | 668 |  |  | 481
Common stock warrant liability |  |  | 402 |  |  | 69
Loan Fees |  |  | 129 |  |  | —
Interest valuation |  |  | 65 |  |  | 40
Interest limitation |  |  | 1,712 |  |  | 1,362
Lease liabilities |  |  | 4,345 |  |  | —
Charitable contribution carry-forward |  |  | 125 |  |  | 97
Valuation allowance |  |  | (10,964) |  |  | (9,125)
|  |  | 9,553 |  |  | 4,898
Deferred tax liabilities: |  |  |  |  |  |
Depreciation of fixed assets |  |  | (1,711) |  |  | (1,939)
Amortization of indefinite-lived intangibles |  |  | (2,803) |  |  | (2,232)
Prepaid expenses |  |  | (656) |  |  | (710)
Effect of state taxes on future federal returns |  |  | (785) |  |  | (629)
Right of use assets |  |  | (4,282) |  |  | —
Other |  |  | (28) |  |  | (20)
|  |  | (10,265) |  |  | (5,530)
|  | $ | (712) |  | $ | (632)

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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