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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Components of provision for income taxes | Components of the provision for income taxes from continuing operations are as follows:
(In thousands) | December 31, 2019 |  | December 31, 2018 as Restated |  | December 31, 2017
Current: |  |  |  |  |
Federal | $ | (12 | ) |  | $ | (3,073 | ) |  | $ | — |
State | (205 | ) |  | (884 | ) |  | 22 |
Foreign | 87 |  |  | 20 |  |  | 17 |
| (130 | ) |  | (3,937 | ) |  | 39 |
Deferred: |  |  |  |  |
Federal | (3,989 | ) |  | (171 | ) |  | 1,581 |
State | (741 | ) |  | 7 |  |  | (401 | )
| (4,730 | ) |  | (164 | ) |  | 1,180 |
Valuation allowance | 4,730 |  |  | 194 |  |  | (1,375 | )
Total provision for income tax from continuing operations | $ | (130 | ) |  | $ | (3,907 | ) |  | $ | (156 | )
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,
| 2019 |  | 2018 |  | 2017
Federal tax provision | 21.0 | % |  | 21.0 | % |  | 34.0 | %
State taxes (net of federal benefit) | 4.3 | % |  | 5.6 | % |  | 4.8 | %
Warrant gains | — | % |  | — | % |  | 0.4 | %
Valuation allowance | (23.8 | )% |  | (1.3 | )% |  | 28.9 | %
Change in federal tax rate | — | % |  | — | % |  | (71.2 | )%
Other | (0.8 | )% |  | 1.3 | % |  | 6.2 | %
Total | 0.7 | % |  | 26.6 | % |  | 3.1 | %
Deferred tax assets (liabilities) | Major components of the Company’s deferred tax assets (liabilities) are as follows:
(In thousands) | December 31, 2019 |  | December 31, 2018 as Restated |  | December 31, 2017
Deferred tax assets: |  |  |  |  |
Loss and credit carry-forwards | $ | 4,779 |  |  | $ | — |  |  | $ | 7,722 |
Stock-based compensation | 1,004 |  |  | 721 |  |  | 549 |
Inventory Reserve | 99 |  |  | 115 |  |  | 494 |
Intangibles | 34 |  |  | 146 |  |  | — |
Other | 1,000 |  |  | 910 |  |  | 178 |
Total deferred tax assets | 6,916 |  |  | 1,892 |  |  | 8,943 |
Valuation allowance | (6,472 | ) |  | (1,742 | ) |  | (8,756 | )
Total deferred tax assets, net of valuation allowance | 444 |  |  | 150 |  |  | 187 |
Deferred tax liabilities: |  |  |  |  |
State taxes (capital) | — |  |  | — |  |  | (17 | )
Property and equipment | (245 | ) |  | (150 | ) |  | (294 | )
Intangibles | — |  |  | — |  |  | (244 | )
Lease right-of-use assets | (199 | ) |  | — |  |  | — |
Total deferred tax liabilities | (444 | ) |  | (150 | ) |  | (555 | )
Net deferred tax liabilities | $ | — |  |  | $ | — |  |  | $ | (368 | )
Unrecognized tax benefits roll-forward | The following is a roll-forward of the Company's total gross unrecognized tax benefits, not including interest and penalties, for the year ended December 31, 2019.
(in thousands) |  | Gross Unrealized Tax Benefits
Balance at January 1, 2019 |  | $ | 1,313 |
Additions of tax positions related to the current year |  | — |
Additions of tax positions related to the prior year |  | — |
Decreases for tax positions related to prior year |  | — |
Balance at December 31, 2019 |  | $ | 1,313 |

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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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