Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes [Abstract]

Summary of company's benefit for income taxes

	2018			2017
Deferred:
Federal	$	94,031		$	2,126,062
State and local		(449,796	)		200,294
Total deferred		(355,765	)		2,326,356
Total provision (benefit) for income taxes		(355,765	)		2,326,356
Less: valuation reserve		355,765			(2,326,356	)
Income tax provision	$	—		$	—

Summary of reconciliation of the federal statutory rate

	2018			2017
Benefit for income taxes at federal statutory rate		21.0	%		34.0	%
State and local income taxes, net of federal benefit		7.4			7.4
Differences attributable to the Tax and Jobs Cut Act		—			(32.0	)
Differences attributable to change in state business apportionment		—			(4.7	)
Loss on debt conversion		—			(9.1	)
Prior year adjustment of taxes		—			(47.1	)
Other		—			(0.1	)
Less valuation allowance		(28.4	)		51.6
Effective income tax rate		0.0	%		0.0	%

Schedule of deferred tax assets (liabilities)

	2018			2017
Net operating loss carryforward	$	2,786,519		$	3,738,980
Bad debt reserve		238,194			9,709
Employee stock compensation		364,699			255,322
Intangible assets		(684,722	)		(858,811	)
Depreciation		(2,548	)		2,567
Accrued expenses		89,861			—
Charity		233			234
Net deferred tax asset		2,792,236			3,148,001
Valuation allowance		(2,792,236	)		(3,148,001	)
Net deferred tax asset	$	—		$	—