PROVISION FOR INCOME TAXES

9 Months Ended

Sep. 30, 2015

PROVISION FOR INCOME TAXES [Abstract]

PROVISION FOR INCOME TAXES

6. PROVISION FOR INCOME TAXES

In determining our provision for income taxes, we consider all available information, including operating results, ongoing tax planning, and forecasts of future taxable income.The significant components of the Company’s deferred tax assets consist of stock-based compensation and deferred revenues. For the three and nine month period ended September 30, 2015, the provision for income taxes was $1.5 million and $3.7 million, respectively. As of September 30, 2015 and December 31, 2014, our remaining deferred tax assets were approximately $0.6 million and $1.1 million, respectively.

For the three and nine month period ended September 30, 2014, the provision for income taxes was $0.7 million and $1.4 million, respectively.

As of September 30, 2015, the Company believes that there are no significant uncertain tax positions and no amounts have been recorded for interest and penalties.