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Income Taxes (Notes)
 12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Income Tax Disclosure INCOME TAXES
    
    The components of the Company’s net deferred income taxes are as follows (rounded):

December 31,
2022		December 31,
2021
Deferred tax assets:
Net operating loss carry forwards$24,823,000 $23,877,000 
Accrued expenses368,000 430,000 
Stock option and warrant expenses618,000 504,000 
Accounts receivable39,000 41,000 
Other180,000 (42,000)
Total deferred tax assets26,028,000 24,810,000 
Valuation allowance(25,921,000)(24,684,000)
Net deferred tax assets107,000 126,000 
Deferred tax liabilities:
Fixed and tangible assets(107,000)(126,000)
Total deferred tax liabilities(107,000)(126,000)
Total deferred tax assets (liabilities)$— $— 

The following summary reconciles differences from taxes at the federal statutory rate with the effective rate:
Twelve Months Ended
December 31,
2022		December 31,
2021
Federal income tax at statutory rates(21.0)%(21.0)%
Change in deferred tax asset valuation allowance23.2 %53.7 %
Deferred state taxes(3.3)%(7.2)%
Non-deductible expenses:
ISO & Restricted stock compensation0.9 %(6.4)%
Change in state deferred rate1.1 %(5.9)%
PPP loan forgiveness— %(13.4)%
Other(0.9)%0.2 %
Income taxes at effective rates— %— %

The Company has incurred net losses for tax purposes every year since its inception. As of December 31, 2022, the Company had approximately $93.7 million in net operating loss carryforwards for U.S. federal income tax purposes and $95.8 million in net operating loss carryforwards for state income tax purposes, which in the aggregate expire in various amounts between the years of 2026 and 2040. The Company's ability to deduct its historical net operating losses may be limited in the future due to IRC Section 382 as a result of the substantial issuances of common stock in 2012 through 2021. Certain of the Company's net operating losses acquired in connection with the Ebyline, ZenContent, and TapInfluence acquisitions also may be limited by IRC Section 382. The change in the valuation allowance for the twelve months ended December 31, 2022, was an increase of $1.2 million resulting primarily from net operating losses generated during the period. The change in the valuation allowance for the twelve months ended December 31, 2021, was an increase of $1.7 million, resulting primarily from net operating losses generated during the period. The Company has deemed any foreign earnings will be indefinitely reinvested.
Currently, foreign operations have resulted in an accumulated deficit. The Company will continue to analyze their stance if circumstances change in the future.