XML 64 R53.htm IDEA: XBRL DOCUMENT v3.19.1
INCOME TAXES (Details) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current tax provision (benefit)      
Federal $ (13,318)    
State   $ 848 $ 1,132
Total current provision (benefit) (13,318) 848 1,132
Deferred tax provision (benefit)      
Federal   (188,456)  
Total deferred tax provision (benefit)   (188,456)  
Total income tax provision (benefit) (13,318) (187,608) $ 1,132
Tax benefits attributable to net operating losses for federal tax purposes 27,200,000    
Deferred tax assets      
Net operating loss carry forwards 6,668,238 6,127,210  
Accrued expenses and reserves 436,627 509,666  
Employee stock option expense 76,150 76,150  
Nonemployee stock option expense 8,268 8,268  
Inventory 132,114 224,353  
Impairment 112,000 112,000  
Deferred tax assets 7,433,397 7,057,647  
Deferred tax liabilities      
Property and equipment (1,281,999) (1,231,693)  
Deferred tax liabilities (1,281,999) (1,231,693)  
Net deferred assets 6,151,398 5,825,954  
Valuation allowance (6,151,398) (5,825,954)  
Increase (decrease) in valuation allowance $ (325,444) $ 3,371,379  
Reconciliation of income taxes based on the federal statutory rate and the effective income tax rate      
Income tax at the federal statutory rate (as a percent) 21.00% 35.00% 35.00%
State tax, net of federal tax (as a percent) 3.50% 2.90% 2.90%
Change in valuation allowance (as a percent) (24.30%) 85.90% (39.10%)
Permanent differences (as a percent) (0.30%) 5.70% 4.70%
Return-to-provision and other (as a percent)   (37.60%) (3.50%)
Tax Reform and Jobs Act tax rate change 0.10% (81.10%)  
Incentive stock options (as a percent)   (6.00%)  
Effective tax rate (as a percent)   4.80%  
Minimum      
Reconciliation of income taxes based on the federal statutory rate and the effective income tax rate      
State and local income tax returns, period subject to examination 3 years    
Maximum      
Reconciliation of income taxes based on the federal statutory rate and the effective income tax rate      
State and local income tax returns, period subject to examination 5 years