RMG Networks Holding Corp - 10-Q filing on 2016-11-03

Income Taxes	9 Months Ended
Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	3. Income Taxes The Company is reporting a book loss for the three and nine months ended September 30, 2016. The Company reported a full valuation allowance against its net deferred U.S. income tax assets at September 30, 2016 and December 31, 2015. All evidence and information available suggests that the Company will maintain the full valuation allowance in 2016. Therefore, no income tax benefit was recorded for the three and nine months ended September 30, 2016 U.S. pre-tax book loss. The $27 thousand tax expense relates to foreign taxes for the three and nine months ended September 30, 2016. The $29 thousand tax expense relates to foreign taxes for the three and nine months ended September 30, 2015.

Income Taxes

9 Months Ended

Sep. 30, 2016

3. Income Taxes

The Company is reporting a book loss for the three and nine months ended September 30, 2016. The Company reported a full valuation allowance against its net deferred U.S. income tax assets at September 30, 2016 and December 31, 2015. All evidence and information available suggests that the Company will maintain the full valuation allowance in 2016. Therefore, no income tax benefit was recorded for the three and nine months ended September 30, 2016 U.S. pre-tax book loss. The $27 thousand tax expense relates to foreign taxes for the three and nine months ended September 30, 2016. The $29 thousand tax expense relates to foreign taxes for the three and nine months ended September 30, 2015.