Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes [Abstract]

Summary of differences between effective tax rate and the statutory federal rate

	Years Ended December 31,
	2017			2016
Computed “expected” benefit	$	(4,156,284	)	$	(4,288,757	)
Effect of state income taxes, net of federal benefit		(714,178	)		(612,680	)
Change in rate		5,655,093			-
Return to provision adjustments		(4,213	)		(4,188,543	)
Other permanent difference		(812,652	)		581,629
Change in valuation allowance		46,571			8,508,351
Total Income Tax Expense	$	14,337		$	-

Summary of deferred income tax asset

	Years Ended December 31,
	2017			2016
Noncurrent deferred income taxes:
Gross assets	$	11,447,415		$	11,434,760
Gross liabilities		(11,461,752	)		(11,434,760	)
Net deferred income tax liability	$	(14,337	)	$	-

Summary of the components of the net deferred tax assets

	Years Ended December 31,
	2017			2016
Depreciation and Amortization	$	535,629		$	893,726
Other		1,755			-
Stock Compensation		5,049,593			5,830,566
Unrealized Gain		-			(33,960	)
Net Operating Loss		5,829,195			4,693,606
Less:  Valuation allowance		(11,430,509	)		(11,383,938	)
Net deferred income tax liability	$	(14,337	)	$	-