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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2018
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Provisions | The December 31, 2018, 2017 and 2016 income tax provision is as follows:
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | 67,632 |  |  | $ | 21,272 |  |  | $ | — |
State and local |  |  | 5,902 |  |  |  | 2,608 |  |  |  | 2,015 |
Total current provision |  |  | 73,534 |  |  |  | 23,880 |  |  |  | 2,015 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  |  | 23,137 |  |  |  | 483 |  |  |  | 6,124 |
State and local |  |  | 4,872 |  |  |  | 1,322 |  |  |  | 42 |
Total deferred provision |  |  | 28,009 |  |  |  | 1,805 |  |  |  | 6,166 |
Total tax provision |  | $ | 101,543 |  |  | $ | 25,685 |  |  | $ | 8,181 |
Schedule of Reconciliation of Income Tax Provision to Statutory Federal Income Tax Rate | A reconciliation of the total income tax provision tax rate to the statutory federal income tax rate of 21%, 34% and 34% for the years ended December 31, 2018, 2017 and 2016, respectively, is as follows:
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Income taxes at statutory rates |  | $ | (521,383 | ) |  | $ | 396,760 |  |  | $ | 1,272,242 |
State income tax, net of federal benefit |  |  | 10,774 |  |  |  | 3,910 |  |  |  | 2,054 |
Permanent items |  |  | 17,771 |  |  |  | (5,060 | ) |  |  | 68,944 |
Meals and entertainment |  |  | 46,983 |  |  |  | 74,755 |  |  |  | 54,375 |
Equity based compensation |  |  | (99,007 | ) |  |  | (645,512 | ) |  |  | 48,385 |
Warrant liability |  |  | — |  |  |  | — |  |  |  | (156,498 | )
Corporate tax rate change - impact on deferred income taxes |  |  | — |  |  |  | 2,768,458 |  |  |  | — |
Research and development credit |  |  | (195,336 | ) |  |  | 206,801 |  |  |  | (141,494 | )
Federal NOL adjustment |  |  | — |  |  |  | (386,441 | ) |  |  | (206,133 | )
Federal return to provision |  |  | (167,755 | ) |  |  | 53,265 |  |  |  | 11,104 |
Other federal credits |  |  | — |  |  |  | 112,262 |  |  |  | — |
Other |  |  | 64,196 |  |  |  | 15,695 |  |  |  | — |
Change in federal valuation allowance |  |  | 945,300 |  |  |  | (2,569,208 | ) |  |  | (944,798 | )
|  | $ | 101,543 |  |  | $ | 25,685 |  |  | $ | 8,181 |
Deferred Income Tax Assets and Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at December 31, 2018 and 2017 are as follows:
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 4,924,181 |  |  | $ | 4,584,606 |
Capitalization of patent costs, goodwill and amortization |  |  | 247,239 |  |  |  | 221,593 |
Capitalization of acquisition costs |  |  | 81,088 |  |  |  | 84,640 |
Research and AMT credits |  |  | 2,074,363 |  |  |  | 1,447,479 |
Stock based compensation |  |  | 326,755 |  |  |  | 82,085 |
Deferred lease obligation |  |  | 63,946 |  |  |  | 91,017 |
Accrued bonuses |  |  | 198,102 |  |  |  | — |
Other timing differences |  |  | 60,773 |  |  |  | 72,787 |
|  |  | 7,976,447 |  |  |  | 6,584,207 |
Less valuation allowance |  |  | (7,658,670 | ) |  |  | (6,453,466 | )
Total deferred tax assets, net of allowance |  | $ | 317,777 |  |  | $ | 130,741 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Fixed assets |  |  | (192,673 | ) |  |  | (104,324 | )
Goodwill |  |  | (162,681 | ) |  |  | (34,388 | )
Total deferred tax liabilities |  | $ | (355,354 | ) |  | $ | (138,712 | )
Total deferred tax liabilities |  | $ | (37,577 | ) |  | $ | (7,971 | )
Summary of Reconciliation of Unrecognized Tax Benefit Activity | The following table summarizes the reconciliation of the unrecognized tax benefits activity during the years ended December 31, 2018 and 2017:
|  | For the Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Beginning unrecognized tax benefits |  | $ | 710,000 |  |  | $ | 1,532,000 |
Decreases related to prior year tax positions |  |  | (65,000 | ) |  |  | (1,001,000 | )
Increases related to current year tax positions |  |  | 87,000 |  |  |  | 179,000 |
Ending unrecognized tax benefits |  | $ | 732,000 |  |  | $ | 710,000 |

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