Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

INCOME TAXES

Schedule of reconciliation of income tax expense at the statutory rate to income tax expense at Entity's effective tax rate

	2018		2017
Tax Expense (Benefit) Computed at 22.79 % and 21.00% of Pretax Income (Loss)	$	(7,299,026)	$	(8,813,237)
Changes in Tax Laws		—		29,450,000
Foreign Income Tax Expense		—		—
Effect of Change in Valuation Allowance		7,299,026		(20,636,763)
Total Income Tax Expense	$	—	$	—

Schedule of details of the net deferred tax asset

	December 31,
	2018		2017
Deferred tax assets:
Net Operating Loss Carryforward	$	45,055,000	$	35,030,000
Stock Based Compensation		6,405,000		5,030,000
Deferred Revenue		3,266,000		3,512,000
General Business Credit		6,872,000		6,872,000
Accrued Expenses		426,000		341,000
Inventories		1,685,000		909,000
Book over Tax Depreciation		13,000		32,000
Allowance for Doubtful Accounts		—		2,000
Total Deferred Tax Assets		63,722,000		51,728,000
Deferred Tax Liabilities:
Goodwill & Intangible Assets		122,000		98,000
Prepaid Expenses		187,000		136,000
Total Deferred Tax Liabilities		309,000		234,000
Subtotal		63,413,000		51,494,000
Valuation Allowance		(63,413,000)		(51,494,000)
Net Deferred Tax Asset	$	—	$	—