PROVISION FOR INCOME TAXES

3 Months Ended

Mar. 31, 2017

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 months ended March 31, 2017 and 2016, the provision for income taxes was $1.8 million and $1.4 million, respectively. As of March 31, 2017 and December 31, 2016, our remaining deferred tax assets were approximately $3.2 million and $3.3 million, respectively.

As of March 31, 2017, the Company believes that there are no significant uncertain tax positions and no amounts have been recorded for interest and penalties.