XML 39 R28.htm IDEA: XBRL DOCUMENT v3.22.4

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of Reconciliation of Federal Statutory Rate to Total Effective Rate

 Schedule of Reconciliation of Federal Statutory Rate to Total Effective Rate

		Year Ended				Year Ended
		December 31, 2021				December 31, 2020
Expected benefit at statutory federal tax rate		$	(979,527	)		$	(491,462	)
State and local taxes, net of federal tax benefit			(311,373	)			(155,505	)
Other			(57,563	)			264,094
Change in valuation allowance			1,348,463				382,873
Income tax expense (benefit)		$	-			$	-

Schedlue of Components of Deferred Tax Assets

The components of the Company’s deferred tax assets are as follows:

 Schedlue of Components of Deferred Tax Assets

		Year Ended December 31, 2021				Year Ended December 31, 2020
Deferred tax assets:
Fixed assets		$	3,837			$	10,169
Interest			46,361
Stock-based compensation			637,112				305,822
Net operating losses - federal			1,687,053				963558
Net operating losses – state and local			536,282				304,883
Research Credit			28,985				6,735
Gross deferred tax assets			2,939,630				1,591,167
Less Valuation Allowance			(2,939,630	)			(1,591,167	)
Net deferred tax assets		$	-			$	-

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 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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types: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 https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration