XML 47 R34.htm IDEA: XBRL DOCUMENT v3.22.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2021
INCOME TAXES (Tables)  
Reconciliation Between Actual Tax Expense (Benefit) and Income Taxes

 

 

December 31,

2021

 

 

December 31,

2020

 

Tax expense (benefit), computed at expected tax rates

 

$(966,854 )

 

$(1,613,788 )

Nondeductible expenses

 

 

-

 

 

 

-

 

Change in valuation allowance

 

 

966,854

 

 

 

1,613,788

 

Total

 

$-

 

 

$-

 

Schedule Of Deferred Tax Assets And Liabilities

 

 

December 31

 

 

December 31,

 

 

 

2021

 

 

2020

 

Deferred tax assets (liabilities):

 

 

 

 

 

 

Net operating tax loss carryforwards

 

$9,601,492

 

 

$10,939,143

 

Depreciation, depletion and amortization

 

 

608,206

 

 

 

606,948

 

(Income) loss from equity interests

 

 

2,399,766

 

 

 

419,267

Stock-based compensation

 

 

625,664

 

 

 

302,916

 

Bad debt reserve

 

 

535,034

 

 

 

535,034

 

Total deferred tax assets (liabilities)

 

 

13,770,162

 

 

 

12,803,308

 

Less: valuation allowance

 

 

(13,770,162 )

 

 

(12,803,308 )

Total

 

$-

 

 

$-