XML 51 R33.htm IDEA: XBRL DOCUMENT
v3.22.1

INCOME TAXES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Income Tax Disclosure [Abstract] |
SCHEDULE OF PROVISION FOR INCOME TAXES EXPENSES | SCHEDULE OF PROVISION FOR INCOME TAXES EXPENSES
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Current Tax |  |  |  |  |  |  |  |
Federal |  |  |  |  |  |  |  |
State |  | $ | - |  |  | $ | - |
Foreign |  |  | 32 |  |  |  | 15 |
Total |  | $ | 32 |  |  | $ | 15 |
Deferred Tax |  |  |  |  |  |  |  |
Federal |  | $ | (1,263 | ) |  | $ | (584 | )
State |  |  | (131 | ) |  |  | (5 | )
Foreign |  | $ | (4 | ) |  |  | 2 |
Total |  | $ | (1,398 | ) |  | $ | (587 | )
Less: Valuation Allowance |  |  | 1,398 |  |  |  | 587 |
Total Tax |  | $ | 32 |  |  | $ | 15 |
SCHEDULE OF RECONCILIATION OF STATUTORY U.S. FEDERAL RATE | The difference between the statutory tax rate of the Company and the effective tax rate is primarily the result of tax benefits generated by the Company and its subsidiary which have not been recognized due to the uncertainty that such tax benefits will ultimately be realized. A reconciliation of the statutory U.S Federal rate to the Company’s effective tax rate is as follows: SCHEDULE OF RECONCILIATION OF STATUTORY U.S. FEDERAL RATE
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Federal income tax benefit at statutory rate |  |  | 21.00 | % |  |  | 21.00 | %
State income taxes, net of federal benefit |  |  | 0.92 | % |  |  | 0.12 | %
Foreign rate differential |  |  | 0.02 | % |  |  | -0.08 | %
Permanent Items |  |  | -13.04 | % |  |  | 2.22 | %
Change in valuation allowance |  |  | -9.81 | % |  |  | -13.63 | %
Return to provision adjustments |  |  | -0.01 | % |  |  | -4.03 | %
Forfeited options |  |  | -0.16 | % |  |  | -7.33 | %
Other |  |  | 0.86 | % |  |  | -1.39 | %
Effective tax rate |  |  | -0.22 | % |  |  | -0.34 | %
SCHEDULE OF INCOME BEFORE TAXES ON DOMESTIC AND FOREIGN | SCHEDULE OF INCOME BEFORE TAXES ON DOMESTIC AND FOREIGN
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Domestic |  | $ | 14,333 |  |  | $ | 4,380 |
Foreign |  |  | (82 | ) |  |  | (69 | )
Loss before taxes |  | $ | 14,250 |  |  | $ | 4,311 |
SCHEDULE OF DEFERRED TAX ASSETS | Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets are as follows: SCHEDULE OF DEFERRED TAX ASSETS
|  | Year ended December 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carry forward |  | $ | 6,563 |  |  | $ | 5,712 |
Arbitration accrual |  |  | 414 |  |  |  | - |
Stock compensation and other |  |  | 327 |  |  |  | 175 |
Deferred tax assets before valuation allowance |  |  | 7,304 |  |  |  | 5,887 |
Valuation allowance |  |  | (7,304 | ) |  |  | (5,887 | )
Net deferred tax asset |  | $ | - |  |  | $ | - |

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 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 -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + 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 -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://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 http://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

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration