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TAXES AND NET OPERATING LOSS CARRYFORWARDS (Tables)
 12 Months Ended
Dec. 31, 2017
Income Tax Disclosure [Abstract]  
Deferred tax assets (liabilities)
The tax effects of these temporary differences representing the components of deferred tax assets (liabilities) were as follows:
(In thousands)
December 31,
2017
 
December 31,
2016
Deferred tax assets:
 
 
 
Loss and credit carry-forwards
$
7,722

 
$
9,169

Stock-based compensation
549

 
519

Inventory Reserve
494

 
534

Other
178

 
263

Total deferred tax assets
8,943

 
10,485

Valuation allowance
(8,756
)
 
(10,185
)
Total deferred tax assets, net of valuation allowance
187

 
300

Deferred tax liabilities:
 
 
 
State taxes (capital)
(17
)
 
(19
)
Property and equipment
(294
)
 
(459
)
Intangibles
(244
)
 
(386
)
Total deferred tax liabilities
(555
)
 
(864
)
Net deferred tax liabilities
$
(368
)
 
$
(564
)
Statutory federal income tax rate
Below is a reconciliation of the statutory federal income tax rate to our effective tax rate:
 
Year Ended December 31,
 
2017
 
2016
 
2015
Federal tax provision
34.0
 %
 
34.0
 %
 
34.0
 %
State taxes (net of federal benefit)
4.8
 %
 
3.7
 %
 
2.4
 %
Warrant gains
0.4
 %
 
31.4
 %
 
(11.1
)%
Valuation allowance
28.9
 %
 
(71.8
)%
 
(26.3
)%
Change in federal tax rate
(71.2
)%
 
—
 %
 
—
 %
Other
6.2
 %
 
1.5
 %
 
0.6
 %
 
3.1
 %
 
(1.2
)%
 
(0.4
)%