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NOTE 9 — Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2021
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense |
|  | Years Ended December 31,
|  | 2021 |  | 2020
Current: |  |  |  |
Federal |  | $ | — |  |  | $ | (55,676 | )
State |  |  | — |  |  |  | 4,918 |
Total Current |  |  | — |  |  |  | (50,758 | )
Deferred: |  |  |  |  |  |  |  |
Federal |  |  | (1,354,991 | ) |  |  | — |
State |  |  | (547,738 | ) |  |  | — |
Total Deferred |  |  | (1,902,729 | ) |  |  | — |
Income tax (benefit) expense |  | $ | (1,902,729 | ) |  | $ | — |
Schedule of Effective Income Tax Rate Reconciliation |
|  | Years Ended December 31,
|  | 2021 |  | 2020
Income at US statutory rate |  |  | 21.0 | % |  |  | 21.0 | %
State taxes, net of federal benefit |  |  | -11.2 | % |  |  | -1.9 | %
Goodwill impairment |  |  | 0.0 | % |  |  | -27.9 | %
PPP loan forgiveness |  |  | 0.0 | % |  |  | 6.7 | %
Valuation allowance |  |  | 0.7 | % |  |  | 2.4 | %
Stock compensation |  |  | -50.2 | % |  |  | -1.8 | %
NOL true up |  |  | -1.2 | % |  |  | 0.0 | %
Tax credits |  |  | -2.5 | % |  |  | 1.0 | %
Other |  |  | -2.2 | % |  |  | -0.5 | %
Provision for taxes |  |  | 45.6 | % |  |  | 0 | %
Schedule of Deferred Tax Assets and Liabilities |
|  | December 31,
Deferred tax assets: |  | 2021 |  | 2020
Net operating loss carryforwards |  | $ | 6,390,000 |  |  | $ | 4,330,000 |
Tax credits |  |  | 1,032,000 |  |  |  | 948,000 |
Amortization |  |  | — |  |  |  | 37,000 |
Accruals & reserves |  |  | 786,000 |  |  |  | 560,000 |
Lease liabilities |  |  | 70,000 |  |  |  | 200,000 |
Depreciation |  |  | 167,000 |  |  |  | 140,000 |
Share-based compensation |  |  | 154,000 |  |  |  | — |
Total deferred tax assets |  |  | 8,599,000 |  |  |  | 6,215,000 |
Valuation allowance |  |  | (577,000 | ) |  |  | (545,000 | )
Net deferred tax assets |  |  | 8,022,000 |  |  |  | 5,670,000 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Amortization |  |  | 3,000 |  |  |  | — |
ROU assets |  |  | 59,000 |  |  |  | 163,000 |
Net deferred tax asset (liability) |  | $ | 7,960,000 |  |  | $ | 5,507,000 |
Schedule of Unrecognized Tax Benefits |
|  |  | Amount |
Balance as of January 1, 2020 |  | $ | 1,019,000 |
Increases (decreases) for current year tax provisions |  |  | 77,000 |
Increases (decreases) for prior year tax provisions |  |  | (32,000 | )
Decreases for expiration of statute of limitations |  |  | — |
Settlements |  |  | — |
Balance as of December 31, 2020 |  |  | 1,064,000 |
Increases (decreases) for current year tax provisions |  |  | 115,000 |
Increases (decreases) for prior year tax provisions |  |  | (26,000 | )
Decreases for expiration of statute of limitations |  |  | — |
Settlements |  |  | — |
Balance as of December 31, 2021 |  | $ | 1,153,000 |

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