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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2021

INCOME TAXES

Income Tax Expense

		For the Year Ended
		December 31,				December 31,
		2021				2020
Current:
Federal		$	-			$	-
State			(74,000	)			77,000
Foreign			-				-
			(74,000	)			77,000
Deferred:
Federal			-				-
State			-				-
Foreign			-				-
			-				-
Total		$	(74,000	)		$	77,000

Net Income (Loss) Before Income Tax

		For the Year Ended
		December 31,				December 31,
		2021				2020
United States		$	(4,509,585	)		$	4,468,166
Foreign			-				-
Total		$	(4,509,585	)		$	4,468,166

Effective Income Tax Rate Reconciliation

		For the Year Ended
		December 31,				December 31,
		2021				2020
Income (Loss) before income tax		$	(4,509,585	)		$	4,468,166
US statutory corporate income tax rate			28.00	%			28.00	%
Income tax expense computed at US statutory corporate income tax rate			(1,002,844	)			1,251,086
Reconciling items:
Change in valuation allowance on deferred tax assets			1,334,294				(2,050,485	)
Provision to prior year tax return			(60,646	)			-
Incentive stock options and warrants			5,139				876,676
Gain Upon Debt Extinguishment			(116,083	)
Meals and Entertainment			-				1,300
Other			25,894				(1,577	)
Income tax expense (benefit)		$	(74,086	)		$	77,000

Deferred Income Tax Assets (Liabilities)

		December 31,				December 31,
		2021				2020
Deferred tax assets:
Reserve for Bad Debt		$	470,000			$	109,000
Accrued Vacation			81,000				82,000
Warranty Reserve			19,000				19,000
Intangible Assets			404,000				412,000
Operating lease right-of-use liabilities			267,000				290,000
Net operating losses			4,124,000				3,100,000
Valuation Allowance			(4,941,000	)			(3,530,000	)
Deferred Tax Assets			424,000				482,000
Deferred tax liabilities:
Operating lease right-of-use assets			(277,000	)			(290,000	)
Property and Equipment			(147,000	)			(192,000	)
			(424,000	)			(482,000	)
Net Deferred Tax Assets and Liabilities		$	-			$	-

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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.

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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.

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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.

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

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