Annual report pursuant to Section 13 and 15(d)

INCOME TAXES (Details 1)

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INCOME TAXES (Details 1) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Components of net deferred tax assets    
Net operating loss carryforward $ 17,978 $ 17,019
General business tax credit 11,837 11,393
Stock options 6,149 5,955
Charitable contribution 37 36
Accrued expenses 380 292
Unearned revenue 2,472 2,393
Allowance for bad debt 442 167
Unrealized gain on foreign exchange translation and others 789 133
Section 174 Expenditures 292  
Unrealized gain/ (loss) on LT investment 33  
Other 4,130 3,188
Total gross deferred tax assets 44,539 40,576
Less valuation allowance (44,112) (40,147)
Net deferred tax assets $ 427 $ 429