INCOME TAXES (Tables)

12 Months Ended

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		$	-