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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2020

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consists of the following at December 31, 2020 and 2019:

			2020						2019
Current tax provision			$	—					$	—
Deferred tax benefit			—						(334,394)
Total tax benefit			$	—					$	(334,394)

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the expected Federal statutory rate to our actual rate as reported for each of the periods presented is as follows:

			2020						2019
Federal statutory rate			21		%				21		%
State income tax rate, net of federal benefit			—		%				1		%
Permanent differences			3		%				(3		%)
Change in valuation allowance			(25		%)				(12		%)
			—		%				7		%

Schedule of Deferred Tax Assets and Liabilities

The following is a schedule of the deferred tax assets and liabilities as of December 31, 2020 and 2019:

			2020						2019
Deferred tax assets:
Net operating loss carry forward			$	36,484,500					$	32,742,350
Intangible assets			447,700						686,400
Accrued expense			211,600						223,100
Deferred rent			18,000						15,700
Allowance for doubtful accounts			58,800						61,700
Other			472,500						258,600
Subtotal			37,693,100						33,987,850
Less valuation allowance			(35,848,400)						(32,075,650)
Total			1,844,700						1,912,200
Deferred tax liabilities:
Intangible assets and property and equipment			1,449,900						1,989,800
Other			501,800						29,400
Total			1,951,700						2,019,200
Total deferred tax liabilities			$	(107,000)					$	(107,000)

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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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