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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of income taxes

The Company’s loss before income taxes from US and Foreign sources for the years ended December 31, 2018 and 2017, are as follows:

  

    2018     2017  
United States   $ (8,775,452 )   $ (15,488,668 )
Outside United States     (1,221,919 )     (1,964,180 )
Loss before income taxes   $ (9,997,371 )   $ (17,452,848)  
Schedule of reconciliation from the U.S. Federal statutory income rate

The following table summarizes the significant differences between the U.S. Federal statutory tax rate and the Company’s effective tax rate for financial statement purposes for the years ended December 31, 2018 and 2017: 

 

    2018     2017  
US Federal Statutory Tax Rate     21.00 %     34.00 %
State taxes     4.35 %     3.63 %
Permanent items           (5.94 %)
Amortization of Discount - APIC           2.04 %
NOL True-Ups     (2.48 %)     (2.78 %)
Change in tax rates           (23.88 %)
Change in valuation allowance     (27.82 %)     (7.07 %)
                 
      0.00 %     0.00 %
Schedule of components of deferred tax assets and liabilities

The tax effects of temporary differences that give rise to deferred tax assets and liabilities as of December 31, 2018 and 2017 are summarized as follows:

 

    2018     2017  
Deferred Tax Assets                
Net Operating Loss   $ 5,981,004     $ 4,305,729  
Stock Options     5,890,565       5,276,885  
Charitable Contributions     1,267       1,267  
Basis Difference in Intangible Assets     99,296       39,125  
Basis Difference Fixed Assets     5,096        
Accrued Payroll     42,939       97,127  
Valuation Allowance     (11,983,078 )     (9,559,975 )
Total Deferred Tax Asset     37,089       160,158  
                 
Debt Discounts     (27,086 )     (115,553 )
Debt Issuance Costs     (10,003 )     (42,667 )
Basis Difference Fixed Assets           (1,938 )
Total Deferred Tax Liability     (37,089 )     (160,158 )
                 
Net Deferred Tax Asset   $     $