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Note 14 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended December 31,
(in thousands)		2020				2019
Current income tax (benefit) expense:
Federal and state		$	169			$	(707	)
Foreign			492				290
			661				(417	)
Deferred income tax (benefit) expense:
Federal and state			245				(281	)
Foreign			(388	)			(117	)
			(143	)			(398	)
Total income tax (benefit) expense		$	518			$	(815	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended December 31,
(in thousands)		2020								2019
Computed "expected" income tax benefit		$	(1,531	)			21.0	%		$	(1,161	)			21.0	%
Increase (decrease) in income taxes resulting from:
Permanent differences, net			141				(1.9	)%			241				(4.4	)%
Foreign tax rate differential			(14	)			0.2	%			42				(0.8	)%
State income taxes, net of federal income tax benefit			(77	)			1.1	%			(74	)			1.3	%
Non-deductible stock compensation expense			94				(1.3	)%			205				(3.7	)%
Tax credits			(192	)			2.6	%			220				(4.0	)%
Change in reserve for uncertain tax position			259				(3.6	)%			(111	)			2.0	%
Impact of change to prior year tax accruals			168				(2.3	)%			314				(5.7	)%
Change in valuation allowance allocated to income tax			2,130				(29.2	)%			(578	)			10.5	%
Other			(460	)			6.3	%			87				(1.4	)%
Total income tax expense (benefit)		$	518				(7.1	)%		$	(815	)			14.8	%

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

		Year Ended December 31,
(in thousands)		2020				2019
Domestic		$	(7,954	)		$	(5,616	)
Foreign			662				114
Total		$	(7,292	)		$	(5,502	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		Year Ended December 31,
(in thousands)		2020				2019
Deferred income tax assets:
Inventory		$	1,144			$	1,079
Operating loss and credit carryforwards			19,220				18,802
Accrued expenses			555				654
Deferred interest expense			1,476				1,475
Stock compensation			1,079				1,011
Lease liability			1,823				2,081
Other assets			458				223
Total gross deferred assets			25,755				25,325
Less: valuation allowance			(16,682	)			(13,745	)
Deferred tax assets:		$	9,073			$	11,580
Deferred income tax liabilities:
Indefinite-lived intangible assets		$	1,822			$	2,048
Definite-lived intangible assets			7,493				9,168
Right-of-use asset			1,388				1,580
Other Liabilities			14				507
Total deferred tax liabilities			10,717				13,303
Deferred income tax liability, net		$	(1,644	)		$	(1,723	)

		Year Ended December 31,
(in thousands)		2020				2019
Deferred tax assets (included in other long-term assets)		$	255			$	251
Deferred income tax liabilities			(1,899	)			(1,974	)
Deferred income tax liability, net		$	(1,644	)		$	(1,723	)

Summary of Income Tax Contingencies [Table Text Block]

		(in thousands)
Balance at December 31, 2018		$	1,860
Additions based on tax positions of prior years			68
Decreases based on tax positions of prior years			(133	)
Additions based on tax positions of current years			21
Settlements			(398	)
Decreases based on tax positions of acquired entities			(65	)
Balance at December 31, 2019			1,353
Additions based on tax positions of prior years			157
Decreases based on tax positions of prior years			(11	)
Additions based on tax positions of current years			213
Settlements			(39	)
Balance at December 31, 2020		$	1,673

X

- Definition

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