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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF PROVISION FOR INCOME TAXES EXPENSES

Income tax expense is comprised of the following:

 SCHEDULE OF PROVISION FOR INCOME TAXES EXPENSES

		2023				2022
		Year ended December 31,
		2023				2022
Current Tax
Federal		$	-			$	-
State			-				-
Foreign			(25,000	)			37,000
Total		$	(25,000	)		$	37,000
Deferred Tax
Federal		$	(1,226,000	)		$	(1,545,000	)
State			(43,000	)			653,000
Foreign		$	2,000				(1,000	)
Total		$	(1,267,000	)		$	(893,000	)
Less: Valuation Allowance			1,267,000				893,000
Total Tax		$	(25,000	)		$	37,000

SCHEDULE OF RECONCILIATION OF STATUTORY U.S. FEDERAL RATE

SCHEDULE OF RECONCILIATION OF STATUTORY U.S. FEDERAL RATE

		2023				2022
		Year ended December 31,
		2023				2022
Federal income tax benefit at statutory rate			21.00	%			21.00	%
State income taxes, net of federal benefit			1.13	%			-12.06	%
Foreign rate differential			-0.10	%			-0.03	%
Permanent Items			-0.63	%			-0.61	%
Change in valuation allowance			-33.54	%			-16.61	%
Return to provision adjustments			12.20	%			7.54	%
Forfeited options			0.00	%			0.00	%
Other			-0.01	%			0.09	%
Effective tax rate			0.06	%			-0.68	%

SCHEDULE OF INCOME BEFORE TAXES ON DOMESTIC AND FOREIGN

 SCHEDULE OF INCOME BEFORE TAXES ON DOMESTIC AND FOREIGN

		2023				2022
		Year ended December 31,
		2023				2022
Domestic		$	3,785,000			$	5,557,000
Foreign			(103,000	)			(144,000	)
Loss before taxes		$	3,682,000			$	5,413,000

SCHEDULE OF DEFERRED TAX ASSETS

 SCHEDULE OF DEFERRED TAX ASSETS

		2023				2022
		Year ended December 31,
		2023				2022
Deferred tax assets:
Net operating loss carry forward		$	8,486,000			$	7,306,000
Arbitration accrual			414,000				414,000
Stock compensation and other			570,000				483,000
Deferred tax assets before valuation allowance			9,470,000				8,203,000
Valuation allowance			(9,470,000	)			(8,203,000	)
Net deferred tax asset		$	-			$	-

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- 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

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- 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

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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.

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 12
-Section 50
-Publisher FASB
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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(1)(Note 1))
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