PARK CITY GROUP INC | 2013 | FY | 3


 Net deferred tax liabilities consist of the following components at June 30:

 

    2013     2012  
Deferred tax assets:            
NOL Carryover   $ 44,760,272     $ 44,932,303  
Depreciation     -       -  
Amortization     -       -  
Allowance for Bad Debts     74,100       85,800  
Accrued Expenses     199,977       225,430  
Deferred Revenue     396,086       360,022  
Deferred tax liabilities:                
Depreciation     (97,517 )     (39,431 )
Amortization     (348,847 )     (322,991 )
Valuation allowance     (44,984,071 )     (45,241,133 )
Net deferred tax asset   $   -     $ -  


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