Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Income Taxes

v3.19.2
Note 11 - Income Taxes
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Income Tax Disclosure [Text Block]
Note
11:
Income Taxes
 
During the
three
and
six
months ended
June 30, 2019,
the Company recorded income tax expense of approximately
$10,000
and
$9,000,
respectively. The Company’s effective tax rate differs from the federal statutory tax rate due to permanent differences, state taxes and changes in the valuation allowance.
 
During the
three
and
six
months ended
June 30, 2018,
the Company recorded income tax expense of approximately
$6,000
and income tax benefit of approximately
$57,000,
respectively. The Company’s effective tax rate differs from the federal statutory tax rate due to permanent differences, state taxes and changes in the valuation allowance.