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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2017
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit)
The provision for income taxes consists of the following:
 
2017
 
2016
Current tax provision
$
(91,477
)
 
$
5,180

Deferred tax benefit
(1,406,599
)
 
(34,440
)
Total tax benefit
$
(1,498,076
)
 
$
(29,260
)
Schedule of Effective Income Tax Rate Reconciliation
A reconciliation of the expected Federal statutory rate to our actual rate as reported for each of the periods presented is as follows:
 
2017
 
2016
Federal statutory rate
34
%
 
34
%
State income tax rate, net of federal benefit
4
%
 
(1
%)
Permanent differences
(2
%)
 
(2
%)
Temporary differences
%
 
(5
%)
Impact in changes in tax law
22
%
 
%
Change in valuation allowance
(25
%)
 
(22
%)
 
33
%
 
4
%
Schedule of Deferred Tax Assets and Liabilities
The following is a schedule of the deferred tax assets and liabilities as of December 31, 2017 and 2016:
 
2017
 
2016
Deferred tax assets:
 
 
 
Net operating loss carry forward
$
29,622,135

 
$
27,202,348

Intangible assets
1,278,900

 
2,239,700

Stock based expenses
1,176,900

 
1,484,900

Accrued expense
362,000

 
311,000

Deferred rent
33,400

 
69,300

Allowance for doubtful accounts
23,200

 
9,800

Other
7,200

 
14,200

Subtotal
32,503,735

 
31,331,248

Less valuation allowance
(32,503,735
)
 
(31,331,248
)
Total

 

Deferred tax liabilities:
 

 
 

Intangible assets and property and equipment
2,307,600

 
3,702,300

Other
24,300

 
26,200

Total
2,331,900

 
3,728,500

Total deferred tax liabilities
$
(2,331,900
)
 
$
(3,728,500
)