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Note 18 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		December 31,
		2022				2021
Current taxes		$	–			$	–
Deferred taxes			–				–
Net income tax provision (benefit)		$	–			$	–

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		December 31,
		2022				2021
Federal statutory income tax rate			21.00	%			21.00	%
State income taxes			0.00	%			0.00	%
Permanent differences			0.10	%			0.10	%
Change in effective state income tax rate			0.00	%			0.00	%
True up prior year tax return			(0.50	)%			(0.50	)%
Change in valuation allowance			(20.60	)%			(20.60	)%
Net effective income tax rate			0.00	%			0.00	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		December 31,
		2022				2021
Deferred tax assets:
Federal and state net operating loss carryovers		$	8,681,830			$	7,575,182
Stock compensation			862,079				2,221,408
Stock-based debt discounts			925,839				–
Goodwill and intangibles			5,197,470				210,959
Reorganization costs			–				28,135
Total deferred tax assets		$	15,667,218			$	10,035,684
Deferred tax liabilities:
Property and equipment			(149,777	)			(279,737	)
Unrealized gain on investment in Allied Esports Entertainment, Inc.			–				(2,850,375	)
Total deferred liabilities			(149,777	)			(3,130,112	)
Net deferred tax assets (liabilities)			15,517,441				6,905,572
Less: valuation allowance			(15,517,441	)			(6,905,572	)
Deferred tax assets (liabilities)		$	–			$	–

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

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

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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.

+ References

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-SubTopic 10
-Name Accounting Standards Codification
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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.

+ References

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-Paragraph 12
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