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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of components of the provision for income taxes | The provision for income taxes consists of the following:
Year ended December 31, |  | 2018 |  |  | 2017 |
Current: |  |  |  |  |  |  |  |
Federal |  | $ | 3,104,000 |  |  | $ | 200,000 |
State |  |  | 73,000 |  |  |  | 266,000 |
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | 1,286,000 |  |  |  | 2,244,000 |
|  | $ | 4,463,000 |  |  | $ | 2,710,000 |
Schedule of difference between the income tax provision computed at the federal statutory rate and the actual tax provision | The difference between the income tax provision computed at the federal statutory rate and the actual tax provision is accounted for as follows:
December 31, |  | 2018 |  |  | 2017 |
Taxes computed at the federal statutory rate |  | $ | 1,381,000 |  |  | $ | 2,882,000 |
State income tax, net |  |  | 58,000 |  |  |  | 176,000 |
Prior year true-up |  |  | 18,000 |  |  |  | 2,000 |
Research and development tax credit |  |  | (164,000 | ) |  |  | (235,000 | )
Change in federal statutory rate |  |  | — |  |  |  | (207,000 | )
Uncertain tax position |  |  | 3,128,000 |  |  |  | — |
Permanent differences |  |  | 42,000 |  |  |  | 92,000 |
Provision for income taxes |  | $ | 4,463,000 |  |  | $ | 2,710,000 |
Schedule of components of deferred income tax assets and liabilities | The components of deferred income tax assets and liabilities are as follows:
Deferred Tax Assets: |  | 2018 |  |  | 2017 |
Allowance for doubtful accounts |  | $ | 60,000 |  |  | $ | 32,000 |
Credit carryforwards |  |  | 1,255,000 |  |  |  | 1,986,000 |
Deferred rent |  |  | 117,000 |  |  |  | 126,000 |
Stock options |  |  | 12,000 |  |  |  | 102,000 |
Restricted stock |  |  | 88,000 |  |  |  | 90,000 |
Other |  |  | 8,000 |  |  |  | 1,000 |
Interest on uncertain tax position |  |  | 654,000 |  |  |  | — |
Net operating loss carryforward |  |  | 863,000 |  |  |  | 750,000 |
Deferred Tax Assets |  |  | 3,057,000 |  |  |  | 3,087,000 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
Prepaid expenses |  |  | 159,000 |  |  |  | 141,000 |
Revenue recognition |  |  | 3,137,000 |  |  |  | 1,036,000 |
Property and equipment |  |  | 404,000 |  |  |  | 276,000 |
State taxes |  |  | — |  |  |  | 67,000 |
Deferred tax liabilities |  |  | 3,700,000 |  |  |  | 1,520,000 |
Net Deferred Tax Assets (Liabilities) |  | $ | (643,000 | ) |  | $ | 1,567,000 |
Schedule of changes to uncertain tax positions | The following table indicates the changes to the Company’s uncertain tax position for the years ended December 31, 2018 and 2017 including interest and penalties:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Balance, beginning of year |  | $ | — |  |  | $ | — |
Additions |  |  | 3,128,000 |  |  |  | — |
Reductions |  |  | — |  |  |  | — |
Balance, end of year |  | $ | 3,128,000 |  |  | $ | — |

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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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