Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes

Income tax benefit

Year Ended December 31	2023		2022
Current taxes - Federal	$	-	$	-
Current taxes - State		20,000		6,000
Income tax expense	$	20,000	$	6,000

Reconciliation of effective federal income tax rate

Year Ended December 31	2023			2022
Federal statutory rate		21.0	%		21.0	%
Stock-based awards		(0.5	)		(0.7	)
State benefit		3.1			2.7
Valuation allowance		(24.6	)		(24.6	)
Other		0.3			1.3
Effective federal income tax rate		(0.7	)%		(0.3	)%

Schedule of Deferred tax assets (liabilities)

As of December 31	2023			2022
Deferred tax assets
Accrued expenses	$	117,000		$	231,000
Inventory reserve		-			23,000
Stock-based awards		9,000			24,000
Reserve for bad debts		2,000			26,000
Net operating loss and credit carryforwards		529,000			824,000
Other		2,000			23,000
Depreciation		-			43,000
Valuation allowance		(645,000	)		(1,175,000	)
Total deferred tax assets	$	14,000		$	19,000
Deferred tax liabilities
Depreciation	$	(5,000	)	$	-
Prepaid expenses		(9,000	)		(19,000	)
Total deferred tax liabilities		(14,000	)		(19,000	)
Net deferred income tax	$	-		$	-

Summary of Uncertain tax positions

Balance at January 1, 2022	$	711,000
Decrease due to state tax expense		(678,000	)
Increases due to interest and state tax		20,000
Balance at December 31, 2022	$	53,000
Decrease due to state tax expense	$	(16,000	)
Increases due to interest and state tax		5,000
Balance at December 31, 2023	$	42,000