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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of provision for (benefit from) income taxes |
|  | 2021 |  |  | 2020 |
Current |  |  |  |  |  |
Federal tax refund |  | $ | - |  |  | $ | (1,416,000 | )
State |  |  | - |  |  |  | 4,000 |
Total (Benefit from) Expense for Income Taxes |  |  | - |  |  |  | (1,412,000 | )
Net (Benefit from) Provision for Income Taxes |  | $ | - |  |  | $ | (1,412,000 | )
Schedule of reconciliation of our income tax rate computed using the federal statutory rate to our actual income tax rate |
|  | 2021 |  |  | 2020 |
U.S. statutory income tax rate |  |  | 21.00 | % |  |  | 21.00 | %
State taxes |  |  | 5.10 | % |  |  | -0.90 | %
Permanent difference, over accruals, and non-deductible items |  |  | -40.40 | % |  |  | 159.65 | %
Rate change and provision to return true-up |  |  | 0.00 | % |  |  | 197.34 | %
Expired stock options |  |  | 0.00 | % |  |  | 0.00 | %
Deferred tax valuation allowance |  |  | 14.30 | % |  |  | -393.63 | %
Cares Act Refund |  |  | 0.00 | % |  |  | 458.76 | %
Total |  |  | 0.00 | % |  |  | 442.22 | %
Schedule of net deferred tax assets |
|  | December 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |
Current: |  |  |  |  |  |
Net operation loss |  | $ | 6,737,000 |  |  | $ | 6,594,000 |
Allowance for doubtful accounts |  |  | 155,000 |  |  |  | 252,000 |
Inventory - IRC 263A adjustment |  |  | 394,000 |  |  |  | 341,000 |
Stock based compensation - options and restricted stock |  |  | 393,000 |  |  |  | 277,000 |
Capitalized engineering costs |  |  | 449,000 |  |  |  | 336,000 |
Amortization - NTW Transaction |  |  | 442,000 |  |  |  | 495,000 |
Inventory reserve |  |  | 824,000 |  |  |  | 1,250,000 |
Deferred gain on sale of real estate |  |  | 47,000 |  |  |  | 132,000 |
Accrued Expenses |  |  | 204,000 |  |  |  | 158,000 |
Disallowed interest |  |  | 1,286,000 |  |  |  | 1,813,000 |
Right of Use Asset |  |  | 235,000 |  |  |  | 296,000 |
Other |  |  | 88,000 |  |  |  | - |
Total non-current deferred tax asset before valuation allowance |  |  | 11,254,000 |  |  |  | 11,944,000 |
Valuation allowance |  |  | (9,628,000 | ) |  |  | (9,394,000 | )
Total non-current deferred tax asset after valuation allowance |  |  | 1,626,000 |  |  |  | 2,550,000 |
Deferred tax liabilities |  |  |  |  |  |  |  |
Property and equipment |  |  | (1,626,000 | ) |  |  | (2,150,000 | )
Other |  |  | - |  |  |  | (400,000 | )
Total deferred tax liabilities |  |  | (1,626,000 | ) |  |  | (2,550,000 | )
Net deferred tax asset |  | $ | - |  |  | $ | - |

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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=121826272&loc=d3e32639-109319 + Details
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- 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=121826272&loc=d3e32537-109319 + Details
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