Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities is as follows:

	December 31, 2019		December 31, 2018
Deferred tax assets:
Net operating loss carryforwards	$	762,000	$	586,000
Tax Credits		286,000		-
Deferred revenue		58,000		989,000
Non-qualified stock option expense		136,000		147,000
Investment in That’s Eatertainment (TEC), a related party		51,000		39,000
Reserves, accruals and other		231,000		160,000
Accumulated depreciation and amortization		268,000		479,000
Total deferred tax assets		1,792,000		2,400,000
Less: Valuation allowance		-		-
Net deferred tax assets	$	1,792,000	$	2,400,000

Schedule of Significant Components of Income Tax Provision

Significant components of the (provision) for income tax as follows:

	December 31, 2019			December 31, 2018
Current	$	(162,000	)	$	-
Deferred		608,000			310,000
Change in valuation allowance		-			-
Provision for income taxes	$	446,000		$	310,000

Schedule of Reconciliation of Income Tax Rate

A reconciliation of the Company’s effective income tax rate to the federal statutory rate is as follows:

	December 31, 2019					December 31, 2018
	$		%			$		%
Federal income tax expense at the statutory rate	$	78,000		21.0	%	$	237,000		21.0	%
State income taxes, net of federal benefit		20,000		5.4	%		62,000		5.5	%
Permanent differences		79,665		21.4	%		73,000		6.5	%
Tax return true-ups and other		268,335		72.2	%		(62,000)		5.5	%
Change in federal income tax rates		-		0.0	%		-		0.0	%
Change in valuation allowance		-		0.0	%		-		0.0	%
Provision for income taxes	$	446,000		120.1	%	$	310,000		27.5	%