Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes [Abstract]

Summary of Company's benefit for income taxes

	2017			2016
Deferred:
Federal	$	2,126,062		$	(475,316	)
State and local		200,294			(419,247	)
Total deferred		2,326,356			(894,563	)
Total provision (benefit) for income taxes		2,326,356			(894,563	)
Less: valuation reserve		(2,326,356	)		894,563
Income tax provision	$	-		$	-

Summary of reconciliation of the federal statutory rate

	2017			2016
Benefit for income taxes at federal statutory rate		34.0	%		34.0	%
State and local income taxes, net of federal benefit		7.4			7.8
Differences attributable to the Tax and Jobs Cut Act		(32.0	)		-
Differences attributable to change in state business apportionment		(4.7	)		12.3
Reorganization expenses		-			(6.0	)
Loss on debt conversion		(9.1	)		-
Amortization of intangible assets		-			(6.2	)
Prior year adjustment of taxes		(47.1	)		3.4
Other		(0.1	)		0.1
Less valuation allowance		51.6			(45.4	)
Effective income tax rate		0.0	%		0.0	%

Schedule of deferred tax assets (liabilities)

	2017			2016
Net operating loss carryforward	$	3,738,980		$	5,256,605
Bad debt reserve		9,709			141,182
Employee stock compensation		255,322			78,652
Net conversion feature discount		-			(5,208	)
Intangible assets		(858,811	)		-
Depreciation		2,567			2,782
Charity		234			344
Net deferred tax asset		3,148,001			5,474,357
Valuation allowance		(3,148,001	)		(5,474,357	)
Net deferred tax asset	$	-		$	-