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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2018

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

		December 31, 2018				December 31,  2017
Current expense (benefit)		$	-			$	-
Federal			-				-
Foreign			-				-
Current income tax expense			-				-
Deferred expense (benefit)			-				-
Federal			-				-
Foreign			-				-
Deferred income tax			-				-
Net deferred taxes		$	-			$	-

Schedule of reconciliation of income tax benefit computed using the federal statutory income tax rate

		December 31,  2018				December 31,  2017
Federal tax benefit at statutory rate		$	(2,612,404	)		$	(282,704	)
Stock-based compensation			1,546,922				7,754
State income tax benefit, net of federal tax effect			(418,095	)			(24,104	)
Foreign tax differential			(4,019	)			8,988
Reduction of deferred taxes due to US tax reform			-				70,704
Change in valuation allowance			1,487,596				219,362
Income tax benefit		$	-			$	-

Schedule of deferred tax assets and liabilities

		December 31,  2018				December 31,  2017
Deferred tax assets
Stock-based compensation		$	971,460			$	-
Federal NOL carryforwards			355,568				69,798
Foreign NOL carryforwards			340,005				109,639
Total deferred tax assets			1,667,033				179,437
Less valuation allowance			(1,667,033	)			(179,437	)
Net deferred tax assets		$	-			$	-

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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
-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

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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

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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

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