XML 74 R32.htm IDEA: XBRL DOCUMENT
v3.20.1

12. INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of components of income tax expense |
| For the Year Ended
| December 31, | December 31,
| 2019 | 2018
Current: |  |
United States | $- | $-
Foreign | - | -
| - | -
Deferred: |  |
United States | - | -
Foreign | - | -
| - | -
Total | $- | $-
Schedule of income (loss) before income tax, domestic and foreign |
The Company’s net income (loss) before income tax consisted of:
| For the Year Ended
| December 31, | December 31,
| 2019 | 2018
United States | $(2,297,733) | $(3,230,462)
Foreign | - | -
Total | $(2,297,733) | $(3,230,462)
Schedule of effective income tax rate reconciliation |
| For the Year Ended
| December 31, | December 31,
| 2019 | 2018
Loss before income tax | $(2,297,733) | $(3,230,462)
US statutory corporate income tax rate | 28.00% | 28.00%
Income tax expense computed at US statutory corporate income tax rate | (643,365) | (904,529)
Reconciling items: |  |
Change in valuation allowance on deferred tax assets | 620,817 | 741,982
Provision to prior year tax return | 6,991 | 113,068
Incentive stock options and warrants | 31,982 | 21,628
Amortized debt discount | 4,910 | 1,758
Meals and Entertainment | 2,005 | 4,134
Induced Conversion Costs | - | 16,016
Other | (23,340) | 5,943
Income tax expense | $- | $-
Schedule of deferred tax assets and liabilities |
| December 31, | December 31,
| 2019 | 2018
Deferred tax assets: |  |
Reserve for Bad Debt | $31,000 | $84,000
Inventory Reserve | 28,000 | 28,000
Accrued Vacation | 92,000 | 52,000
Deferred Rent | - | 4,000
Warranty Reserve | 8,000 | 8,000
Intangible Assets | 381,000 | 362,000
Operating lease right-of-use liabilities | 310,000 | -
Net operating losses | 5,223,000 | 4,718,000
Valuation Allowance | (5,580,000) | (4,959,000)
Deferred Tax Assets | $493,000 | $297,000
Deferred tax liabilities: |  |
Operating lease right-of-use assets | $(302,000) | $-
Property and Equipment | $(191,000) | (297,000)
| $(493,000) | $(297,000)
Net Deferred Tax Assets and Liabilities | $- | $-

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References 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)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration