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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2019
Income Tax Disclosure [Abstract] |
Schedule of Components of Income Tax Provision (Benefit) | The components of income tax provision (benefit) for the years ended December 31, 2019 and 2018 are as follows:
|  |  | 2019 |  |  |  | 2018 |
Current taxes: |  |  |  |  |  |  |  |
Federal |  | $ | — |  |  | $ | — |
State |  |  | — |  |  |  | — |
Total current taxes |  |  | — |  |  |  | — |
Deferred tax provision (benefit) |  |  | — |  |  |  | — |
Income tax provision (benefit) |  | $ | — |  |  | $ | — |
Schedule of Reconciliation of Income Tax (Provision) Benefit | A reconciliation of the income tax (provision) benefit at the statutory rate of 21% for the years ended December 31, 2019 and 2018 to the Company’s effective tax rate is as follows:
|  | 2019 |  |  | 2018 |
U.S. Statutory tax rate |  |  | 21.0 | % |  |  | 21.0 | %
State taxes, net of Federal benefit |  |  | 5.1 | % |  |  | 5.1 | %
Federal Research and development tax credits |  |  | — | % |  |  | — | %
Stock based compensation |  |  | (2.6 | )% |  |  | (3.0 | )%
Revaluation of deferred tax assets based on changes in enacted tax laws |  |  | — | % |  |  | — | %
Change in valuation reserve on deferred tax assets |  |  | (22.4 | )% |  |  | (22.1 | )%
Other, net |  |  | (1.1 | )% |  |  | (1.0 | )%
Income tax (provision) benefit |  |  | — | % |  |  | — | %
Schedule of Significant Components of Company's Deferred Tax Assets (Liabilities) | Significant components of the Company’s deferred tax assets (liabilities) as of December 31, 2019 and 2018 are as follows:
|  | 2019 |  |  | 2018 |
Deferred tax assets: |  |  |  |  |  |  |  |
Stock-based compensation |  | $ | 605,000 |  |  | $ | 650,000 |
Start-up costs |  |  | 115,000 |  |  |  | 115,000 |
Inventory reserves |  |  | 1,080,000 |  |  |  | 860,000 |
Uniform capitalization of inventory costs |  |  | 85,000 |  |  |  | 90,000 |
Allowance for doubtful accounts receivable |  |  | 90,000 |  |  |  | 45,000 |
Equipment depreciation |  |  | 240,000 |  |  |  | 140,000 |
Deferred revenue |  |  | 915,000 |  |  |  | 975,000 |
Debt and PIA obligations carried at fair value |  |  | 1,045,000 |  |  |  | 225,000 |
Accrued expenses |  |  | 110,000 |  |  |  | 385,000 |
Net operating loss carryforward |  |  | 17,515,000 |  |  |  | 16,080,000 |
Research and development tax credit carryforward |  |  | 1,795,000 |  |  |  | 1,795,000 |
State jobs credit carryforward |  |  | 230,000 |  |  |  | 230,000 |
Charitable contributions carryforward |  |  | 55,000 |  |  |  | 50,000 |
Total deferred tax assets |  |  | 23,880,000 |  |  |  | 21,640,000 |
Valuation reserve |  |  | (23,740,000 | ) |  |  | (21,500,000 | )
Total deferred tax assets |  |  | 140,000 |  |  |  | 140,000 |
Domestic international sales company |  |  | (140,000 | ) |  |  | (140,000 | )
Total deferred tax liabilities |  |  | (140,000 | ) |  |  | (140,000 | )
Net deferred tax assets (liability) |  | $ | — |  |  | $ | — |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319 + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- 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=84230637&loc=d3e32687-109319 + Details
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