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Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Provision for Income Taxes

The Company is subject to United States federal income taxes. The reconciliation of the provision for income taxes at the United States federal statutory rate compared to the Company’s income tax expense as reported is as follows (rounded to nearest $000):

 

    2018     2017  
Income tax benefit computed at the statutory rate   $ 1,507,355     $ 2,289,000  
Stock compensation     (417,000 )     (1,521,000 )
Non-deductible expenses     (176,000 )     (21,000 )
Effect of U.S. tax law change     -       (1,107,000 )
Change in valuation allowance     (914,355 )     360,000  
                 
Provision for income taxes   $ -     $ -  
Schedule of Corporate Income Tax Rates

Significant components of the Company’s deferred tax assets after applying enacted corporate income tax rates are as follows (rounded to nearest $000):

 

    December 31, 2018     December 31, 2017  
Depreciation and amortization expenses   $ 26,000     $ 8,000  
Bad debt expense     238,000       106,000  
Others     200,000       -  
Net loss carrying forward     2,060,000       1,589,000  
Valuation allowance     (2,524,000 )     (1,703,000 )
                 
Net deferred income tax assets   $ -     $ -