Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets

Significant components of the Company’s deferred tax assets and liabilities are as follows at December 31:

	2017			2016
Deferred tax assets:
Net operating loss carryforwards	$	8,665,000		$	13,676,000
Depreciation and amortization	322,000			313,000
Non-cash compensation	627,000			279,000
Other	23,000			23,000
Valuation Allowance	(8,243,000		)	(12,670,000		)
Deferred tax asset	$	1,394,000		$	1,621,000

Schedule of Components of Income Tax Expense

The tax provision for federal and state income tax is as follows for the year ended December 31:

	2017		2016
Current provision:
Federal	$	—	$	—
State	47,316		32,668
	47,316		32,668
Deferred provision:
Federal expense	227,000		—
Expense for income taxes	$	274,316	$	32,668

Schedule of Effective Income Tax Rate Reconciliation

The reconciliation of federal income tax computed at the U.S. federal statutory tax rates to total income tax expense (benefit) is as follows for the year ended December 31:

	2017			2016
Income tax expense (benefit) at 34%	$	(1,023,000	)	$	(407,000	)
Change in valuation allowance	4,427,000			331,000
Permanent and other differences	(2,557,000		)	76,000
Deferred tax impact of enacted tax rate and law changes	(620,000		)	—
Alternative minimum tax and Texas margin tax	47,316			32,668
Income tax expense (benefit)	$	274,316		$	32,668