XML 63 R37.htm IDEA: XBRL DOCUMENT
v3.20.1

Income Taxes (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Expense (Benefit) | The income tax provision reconciled to the tax computed at the statutory from continuing operations Federal rate follows:
|  | 2019 |  |  | 2018 |
Tax Expense at Statutory Rate |  | $ | 626,468 |  |  | $ | 150,855 |
Valuation Allowance |  |  | (631,775 | ) |  |  | (152,043 | )
Non-Deductible Expenses and Other |  |  | 5,307 |  |  |  | 1,189 |
Tax Reform Revaluation, Net of Valuation Allowance |  |  | - |  |  |  | 21,915 |
State Taxes, Net of Federal Benefit |  |  | 95,116 |  |  |  | 38,756 |
Income tax expense |  | $ | 95,116 |  |  | $ | 60,672 |
Current |  | $ | 95,116 |  |  | $ | 60,672 |
Total |  | $ | 95,116 |  |  | $ | 60,672 |
Schedule of Deferred Tax Assets | Deferred income taxes are comprised of the following at December 31, 2019 and 2018:
|  | 2019 |  |  | 2018 |
Deferred tax assets (liabilities): |  |  |  |  |  |  |  |
Inventories |  | $ | 21,495 |  |  | $ | 27,524 |
Stock options and other |  |  | 57,019 |  |  |  | 57,019 |
Contingencies and accruals |  |  | 32,154 |  |  |  | 18,882 |
Property and equipment |  |  | (180,300 | ) |  |  | (97,897 | )
Net operating loss carryforward |  |  | 6,765,424 |  |  |  | 7,251,479 |
Goodwill and intangibles |  |  | 34,328 |  |  |  | - |
Total deferred tax assets, net |  |  | 6,730,120 |  |  |  | 7,257,007 |
Valuation allowance |  | $ | (6,730,120 | ) |  | $ | (7,257,007 | )
Net Deferred tax asset |  |  | - |  |  |  | - |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration