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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule income tax provision

		During the Years Ended December 31,
		2020				2019
Current
Federal		$	—			$	—
State			4,496				3,490
Current subtotal			4,496				3,490
Deferred
Federal			(418,295	)			(240,458	)
State			(24,337	)			(31,205	)
Deferred subtotal, gross			(442,632	)			(271,663	)
Valuation allowance			428,000				296,347
Deferred subtotal, net			(14,632	)			24,684
Income tax (benefit) expense		$	(10,136	)		$	28,174

Schedule of income tax provision

		During the Years Ended December 31,
		2020								2019
		$				%				$				%
Computed expected income tax expense rate		$	(216,773	)			(21.00	)%		$	(266,157	)			(21.00	)%
State income taxes, net of federal expense			(15,674	)			(1.52	)			(21,894	)			(1.73	)
Share-based compensation			30,121				2.92				37,811				2.98
Tax credits			(55,180	)			(5.35	)			(27,815	)			(2.19	)
Valuation allowance			428,000				41.46				296,347				23.38
Paycheck Protection Program loan forgiveness			(196,917	)			(19.08	)			—				—
Other			16,287				1.59				9,882				0.78
Income tax (benefit) expense/rate		$	(10,136	)			(0.98	)%		$	28,174				2.22	%

Schedule of components of our deferred tax assets

		As of December 31,
		2020				2019
Product rights		$	444			$	6,709
Property, plant and equipment			(2,482,237	)			(2,306,435	)
Federal general business tax credits			490,018				434,838
Federal net operating loss carryforwards			3,074,882				2,509,471
State tax credits carryover			826,091				841,558
Interest rate swaps			—				14,632
Prepaid expenses and other			(8,814	)			(12,070	)
UNICAP			11,791				16,756
Incentive compensation			53,179				31,895
Valuation allowance			(1,965,354	)			(1,537,354	)
Deferred tax assets, net		$	—			$	—

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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
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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
-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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- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h)(1)(i))
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