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FEDERAL AND STATE INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of provision for income taxes | Income tax expense consisted of the following: Schedule of provision for income taxes
|  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022 |
State income tax: |  |  |  |  |
Current, net of refund |  | $ | 0 |  | $ | 0 |
Federal income tax: |  |  |  |  |  |  |
Deferred |  |  | 2,035,297 |  |  | 2,014,018 |
Current |  |  | — |  |  | — |
Write-off of deferred tax asset |  |  | (6,002,777 | ) |  | — |
Income tax benefit/(expense) |  | $ | (3,967,480 | ) | $ | 2,014,018 |
Schedule of reconciliation of income taxes | The reconciliation of income taxes shown in the financial statements and amounts computed by applying the Federal expected tax rate of 21% for year 2023 and 2022 is as follows: Schedule of reconciliation of income taxes
|  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022 |
Loss before taxes |  | $ | (9,773,582 | ) | $ | (10,675,160 | )
Income taxes computed at the federal statutory rate |  | $ | 2,052,452 |  | $ | 2,241,784 |
State income and franchise tax |  |  | — |  |  | — |
Permanent differences and other |  |  | (17,155 | ) |  | (227,766 | )
Write-off of deferred tax asset |  |  | (6,002,777 | ) |  | — |
Income tax benefit/(expense) |  | $ | (3,967,480 | ) | $ | 2,014,018 |
Schedule of components of deferred tax assets | The significant components of deferred income tax assets, net are as follows: Schedule of components of deferred tax assets
|  | December 31, 2023 |  | December 31, 2022 |
Deferred compensation cost |  | $ | 1,047,608 |  | $ | 557,931 |
Depreciation and amortization |  |  | (913,671 | ) |  | (624,184 | )
R&D credit |  |  | 142,030 |  |  | 142,030 |
NOL |  |  | 3,566,630 |  |  | 2,956,685 |
Allowance for bad debts and other |  |  | 2,160,180 |  |  | 935,018 |
Allowance for non-realization of deferred tax asset |  |  | (6,002,777 | ) |  | — |
Deferred income tax assets, net |  | $ | — |  | $ | 3,967,480 |

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- 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 -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
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- 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 -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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