Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Taxes Tables

Schedule of deferred tax assets and liabilities

	2017			2016
Deferred tax assets:
Net operating loss and contribution carryforwards	$	2,480,000		$	3,217,000
Intangible asset		85,000			158,000
Capital loss carryforward		146,000			236,000
Stock-based compensation		247,000			139,000
		2,958,000			3,750,000
Valuation allowance		(2,958,000	)		(3,750,000	)
Net deferred tax assets	$	-		$	-

Reconciliation of the statutory federal income tax expense (benefit)

	2017			2016
Statutory federal income tax rate		34	%		34	%
Permanent differences and other	(5		)%		13	%
Deferred tax impact from tax rate change	(50)		%
Valuation allowance	21		%	(47		)%
		0	%		0	%