INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense

	2022		2021
Current:
Federal	$	30,200	$	–
State		77,277		10,198
Current income tax provision		107,477		10,198
Deferred:
Federal		–		–
State		–		–
Deferred income tax provision		–		–
Income tax provision	$	107,477	$	10,198

Schedule of effective income tax rate reconciliation

	2022			2021
Federal taxes at U.S statutory rate		21.0%			21.0%
Stock-based compensation		10.8			4.0
IRC Section 162(m) limitation		2.9			(7.4	)
Tax credits		(10.7	)		4.1
Other permanent differences		1.4			(0.3	)
State taxes		2.6			0.7
Change in state rate		(1.4	)		(1.8	)
Return-to-provision adjustments		(1.1	)		7.5
Change in valuation allowance		(6.1	)		(2.3	)
Change in carryovers and tax attributes		(9.9	)		(25.9	)
Effective tax rate		9.5%			(0.4	)%

Schedule of deferred tax assets and liabilities

	2022			2021
Deferred tax assets:
Net operating loss carryforward	$	3,704,696		$	4,082,474
Operating lease obligation		861,800			1,079,312
Stock-based compensation		784,212			621,460
Tax credits		460,271			526,549
Other		27,112			–
Other carryforwards		–			3,603
Accrued bonuses		–			285,336
Deferred tax assets, gross		5,838,091			6,598,734
Deferred tax liabilities:
Intangible assets		(196,871	)		(651,767	)
Fixed assets		(101,300	)		(111,255	)
Right-of-use assets		(852,961	)		(1,079,507	)
Deferred tax liabilities		(1,151,132	)		(1,842,529	)
Less valuation allowance		(4,686,959	)		(4,756,205	)
Deferred tax asset, net	$	–		$	–

Schedule of unrecognized tax benefits

Balance as of December 31, 2020	$	–
Additions for current year		28,041
Additions for prior year		337,324
Subtractions for current year		–
Balance as of December 31, 2021		365,365
Additions for current year		24,270
Additions for prior year		–
Subtractions for current year		(10,281	)
Balance as of December 31, 2022	$	378,814