Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.6.0.2
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2016
Income Taxes [Abstract]  
Schedule of pre-tax loss
    Years Ended December 31,  
    2016     2015  
Domestic   $ (26,815 )   $ (51,793 )
Foreign     85       (87 )
Pre-tax Loss   $ (26,730 )   $ (51,880 )
Summary of provision for benefit from income taxes
    Years Ended December 31,  
    2016     2015  
Federal   $ -     $ -  
State     81       99  
Foreign     13       103  
Total current   $ 94     $ 202  
                 
Deferred:                
Federal   $ 100     $ (1,348 )
State     13       (199 )
Total deferred     113       (1,547 )
Total provision for (benefit from) income taxes   $ 207     $ (1,345 )
Summary of effective tax rate differed from the U.S. federal statutory rate
    Years Ended December 31,  
    2016     2015  
    %     %  
Federal tax benefit at statutory rate     (34.0 )     (34.0 )
Permanent differences     120.4       11.9  
State tax benefit, net of Federal benefits     (4.4 )     (2.0 )
Other     2.2       1.1  
Effect of foreign income taxed in rates other than the U.S. Federal statutory rate     0.1       0.2  
Net change in valuation allowance     (83.4 )     20.5  
Foreign tax credits     (0.1 )     (0.2 )
Benefit     0.8       (2.5 )
Summary of deferred tax assets and liabilities
    Years Ended December 31,  
    2016     2015  
Net operating loss carry forwards   $ 6,582     $ 24,847  
Depreciation     151       120  
Accruals and reserves     721       573  
Capital loss carry forwards     74       -  
Credits     3       690  
Stock-based compensation     3,297       1,935  
Total assets     10,828       28,165  
                 
Convertible debt     (1,264 )     -  
Intangible assets     (2,116 )     (3,443 )
Total liabilities     (3,380 )     (3,443 )
Less: Valuation allowance     (8,450 )     (25,631 )
                 
Net deferred tax liabilities   $ (1,002 )   $ (909 )