XML 57 R31.htm IDEA: XBRL DOCUMENT
v3.21.1

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Income Tax Disclosure [Abstract] |
Difference between income taxes at effective statutory rate and provision for income taxes | The items accounting for the difference between income taxes at the effective statutory rate and the provision for income taxes for the years ended December 31, 2020 and 2019 were as follows:
|  | Years Ended December 31, |
|  | 2020 |  |  | 2019 |
Income tax benefit at U.S. statutory rate of 21% |  | $ | (1,416,961 | ) |  | $ | (518,885 | )
State income taxes |  |  | (242,908 | ) |  |  | (88,952 | )
Non-deductible expenses |  |  | 135,152 |  |  |  | 26,943 |
Change in valuation allowance |  |  | 1,524,717 |  |  |  | 580,894 |
Total provision for income tax |  | $ | — |  |  | $ | —
Net deferred tax assets | The Company’s approximate net deferred tax assets as of December 31, 2020 and 2019 were as follows:
|  | December 31, |
|  | 2020 |  |  | 2019 |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Net operating loss carryforward |  | $ | 6,807,482 |  |  | $ | 5,224,941 |
Intangible assets |  |  | 31,841 |  |  |  | 53,995 |
Allowance for bad debt |  |  | — |  |  |  | 35,670 |
|  |  | 6,839,323 |  |  |  | 5,314,606 |
Valuation allowance |  |  | (6,839,323 | ) |  |  | (5,314,606 | )
Net deferred tax assets |  | $ | — |  |  | $ | —

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 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

X
- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration