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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign | The pre-tax income from continuing operations on which the provision for income taxes was computed is as follows (in thousands):
|  | 2018 |  |  | 2017 |
United States |  | $ | 10,237 |  |  | $ | 7,511 |
Foreign |  |  | (21 | ) |  |  | (17 | )
Total |  |  | 10,216 |  |  |  | 7,494 |
Schedule of Income Tax (Benefit) Expense | Income tax expense consists of the following for the years ended December 31, 2018 and 2017 (in thousands):
|  | 2018 |  |  | 2017 |
Current tax expense: |  |  |  |  |  |  |  |
Federal |  | $ | 1,080 |  |  | $ | 119 |
State |  |  | 309 |  |  |  | 10 |
Total tax expense: |  |  | 1,389 |  |  |  | 129 |
Deferred tax (benefit): |  |  |  |  |  |  |  |
Federal |  |  | (462 | ) |  |  | — |
State |  |  | (263 | ) |  |  | — |
Total Deferred tax (benefit): |  | $ | (725 | ) |  | $ | — |
Total |  | $ | 664 |  |  | $ | 129 |
Schedule of Reconciliation of Income Tax | A reconciliation of income tax computed at the U.S. statutory rate of 21% to the effective income tax rate is as follows:
|  | 2018 |  |  | 2017 |
Statutory rate |  |  | 21 | % |  |  | 34 | %
State taxes |  |  | 4 |  |  |  | 3 |
Permanent differences and other |  |  | 1 |  |  |  | 0 |
Change in valuation allowance |  |  | (16 | ) |  |  | (54 | )
Stock based compensation |  |  | (3 | ) |  |  | — |
Other (true – up) |  |  | 0 |  |  |  | 7 |
Rate Adjustment |  |  | 0 |  |  |  | 12 |
Effective rate |  |  | 7 | % |  |  | 2 | %
Schedule of the Tax Effects of Temporary Differences That Give Rise to Deferred Tax Assets (Liabilities) | The tax effects of temporary differences that give rise to deferred tax assets (liabilities) at December 31, 2018 and 2017 are as follows (in thousands):
|  | 2018 |  |  | 2017 |
Deferred tax assets: |  |  |  |  |  |  |  |
Accrued expenses |  | $ | 37 |  |  | $ | 25 |
Deferred Revenue |  |  | 217 |  |  |  | 217 |
Accounts receivable |  |  | 18 |  |  |  | 19 |
Inventory |  |  | 117 |  |  |  | 92 |
Stock based compensation |  |  | 138 |  |  |  | 137 |
Tax Credits and NOL Carryforward |  |  | 354 |  |  |  | 1,141 |
Other |  |  | 150 |  |  |  | 6 |
Property and equipment |  |  | - |  |  |  | 35 |
Amortization |  |  | 57 |  |  |  | 64 |
|  |  | 1,088 |  |  |  | 1,736 |
Less: Valuation allowance |  |  | (172 | ) |  |  | (1,727 | )
Deferred tax assets |  | $ | 916 |  |  | $ | 9 |
Deferred tax Liabilities: |  |  |  |  |  |  |  |
Property and equipment |  | $ | (176 | ) |  | $ | - |
Prepaid Expenses |  |  | (15 | ) |  |  | (9 | )
Deferred tax liabilities |  | $ | (191 | ) |  | $ | (9 | )
Net Deferred tax assets |  | $ | 725 |  |  | $ | - |

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