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Income Tax (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Income Tax Disclosure [Abstract]    
Schedule of net deferred tax assets

 

March 31,
2022

   

Deferred tax asset

 

 

 

 

Net operating loss carryforward

 

$

770,000

 

Valuation allowance

 

 

(770,000

)

Deferred tax (liability) asset

 

$

 

 

December 31,
2021

Deferred tax asset

 

 

 

 

Net operating loss carryforward

 

$

276,000

 

Valuation allowance

 

 

(276,000

)

Deferred tax (liability) asset

 

$

 

Schedule of income tax provision

 

March 31,
2022

Federal

 

 

 

 

Current

 

$

 

Deferred

 

 

(494,000

)

State

 

 

 

Current

 

 

 

Deferred

 

 

 

Change in valuation allowance

 

 

494,000

 

Income tax provision expense

 

$

 

 

December 31,
2021

Federal

 

 

 

 

Current

 

$

 

Deferred

 

 

(268,000

)

State

 

 

 

Current

 

 

 

Deferred

 

 

 

Change in valuation allowance

 

 

268,000

 

Income tax provision expense

 

$

 

Schedule of federal income tax rate to the Company’s effective tax rate

 

March 31,
2022

Statutory federal income tax rate

 

21

%

State taxes, net of federal tax benefit

 

0

%

Permanent differences

 

110

%

Valuation allowance

 

(131

)%

Income tax provision expense

 

0

%

 

2021

Statutory federal income tax rate

 

21

%

State taxes, net of federal tax benefit

 

0

%

Permanent differences

 

(27

)%

Valuation allowance

 

6

%

Income tax provision expense

 

0

%