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