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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Current and Deferred Income Tax Provision (Benefit)

For each of the years 2015 and 2014, current tax provisions and current deferred tax provisions were recorded as follows:

		2015				2014
Current Tax (Provision) Benefit
Federal		$	-			$	-
State			(26,000	)			(18,000	)
Foreign			24,000				(43,000	)
			(2,000	)			(61,000	)
Deferred Tax Provision
Federal			-				-
State			(4,000	)			(4,000	)
Foreign			(6,000	)			(19,000	)
			(10,000	)			(23,000	)
Total Tax (Provison) Benefit
Federal			-				-
State			(30,000	)			(22,000	)
Foreign			18,000				(62,000	)
		$	(12,000	)		$	(84,000	)

Schedule of Deferred Tax Assets and Liabilities

The net deferred tax assets and liabilities have been reported in other assets in the consolidated balance sheets at December 31, 2015 and 2014 as follows:

		2015				2014
Deferred Tax Assets:
NOL carryforwards		$	21,462,000			$	21,058,000
UK NOL carryforwards			693,000				728,000
Capital loss			416,000				416,000
Compensation and vacation accrual			221,000				135,000
Operating accruals			213,000				295,000
Deferred revenue			677,000				517,000
Research and experimentation, AMT
and foreign tax credits			156,000				156,000
State Margin Tax Credit			129,000				133,000
Fixed assets and intangibles			204,000				447,000
Foreign			181,000				3,000
Other			504,000				379,000
Total gross deferred tax assets			24,856,000				24,267,000
Valuation allowance			(24,441,000	)			(23,568,000	)
Net deferred tax assets			415,000				699,000
Deferred Tax Liabilities:
Capitalized software			349,000				607,000
Amortization			18,000				12,000
Foreign			42,000				52,000
Other			6,000				29,000
Total gross deferred liabilities			415,000				700,000
Net deferred taxes		$	-			$	(1,000	)

Reconciliation of Expected Income Taxes

The reconciliation of computed expected income taxes to effective income taxes by applying the federal statutory rate of 34% is as follows:

		For the year ended December 31,
		2015				2014
Tax at federal income tax rate		$	2,435,000			$	1,682,000
State provision			(30,000	)			(22,000	)
Foreign tax differential			38,000				18,000
Change in valuation allowance			(2,407,000	)			(1,733,000	)
Permanent items			(48,000	)			(32,000	)
Other			-				3,000
Total Provision		$	(12,000	)		$	(84,000	)

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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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://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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