XML 55 R42.htm IDEA: XBRL DOCUMENT v3.23.1

Note R - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Net Income (Loss) by Geographic Areas [Table Text Block]

		Year ended December 31, 2022				Year ended December 31, 2021
United States		$	(10,416,593	)		$	(4,507,071	)
Hong Kong			(458,839	)			(439,814	)
Nigeria			(143,499	)			(118,896	)
Spain			(890,972	)			-
Total		$	(11,909,903	)		$	(5,065,781	)

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

		Year ended December 31, 2022				Year ended December 31, 2021
Current – federal, states, and foreign		$	-			$	-
Deferred- Federal			1,175,000				128,000
Deferred - States			122,000				47,000
Deferred - Foreign			(20,000	)			-
Total			1,277.000				175,000
Change in valuation allowance			(1,297,000	)			(175,000	)
Provision for income tax benefits		$	(20,434	)		$	—

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

		December 31, 2022				December 31, 2021 As Revised
Accrued compensation		$	113,000			$	110,000
Allowance for doubtful accounts			169,000				70,000
Research and development expenses			633,000				-
Capital loss carry forward			114,000				-
Stock-based compensation			456,000				486,000
Equipment and leasehold improvements			(19,000	)			1,000
Intangible assets - US			341,000				61,000
Intangible assets - Foreign			(170,000	)			-
Inventory reserve			89,000				-
Interest expense			44,000				-
Operating lease liabilities			44,000				59,000
Reserve on debt security			-				13,000
Operating lease right-of-use assets			(44,000	)			(57,000	)
Net operating loss and research and credit carryforwards			15,248,000				15,148,000
Valuation allowance			(17,188,000	)			(15,891,000	)
Net deferred tax liability		$	(170,000	)		$	—

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

		Year ended December 31, 2022				Year ended December 31, 2021 As Revised
Federal statutory income tax rate			21.0	%			21.0	%
State taxes, net of federal benefit			0.9				1.1
Permanent differences			(4.7	)			(1.0	)
Expiration of net operating loss and research credit carryforwards			(5.7	)			(13.8	)
Expiration and forfeiture of stock options			(0.3	)			(1.5	)
Other			(0.5	)			(2.4	)
Valuation allowance			(10.9	)			(3.4	)
Effective tax rate			(0.2	)%			—	%

X

- Definition

Tabular disclosure of net income (loss) by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

No definition available.

+ Details

Name:	bkyi_NetIncomeLossByGeographicAreasTableTextBlock
Namespace Prefix:	bkyi_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
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
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

+ 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
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-12

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration