Income Taxes (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Current and Deferred Tax Provision for Federal and State Income Taxes

The following table presents the current and deferred tax provision for federal and state income taxes for the years ended December 31, 2017 and 2016.

	Year Ended December 31,
	2017			2016
Current tax provision
Federal	$	-		$	-
State		2,800			2,940
Total	$	2,800		$	2,940
Deferred tax provision (benefit)
Federal		1,980,983			(382,631	)
State		(13,570	)		(76,619	)
Valuation allowance		(1,967,413	)		459,250
Total		-
Total provision for income taxes	$	2,800		$	2,940

Schedule of Effective Income Tax Rate Reconciliation

Reconciliations of the U.S. federal statutory rate to the actual tax rate for the years ended December 31, 2017 and 2016 are as follows:

	Year Ended December 31,
	2017			2016
US federal statutory income tax rate		30	%		30
State tax - net of benefit		4	%		4	%
		34	%		34	%
Permanent differences		(12	)%		2	%
Reserves and accruals		(5	)%		(21	)%
Estimated change in federal tax rate		(137	)%		-
Changes in deferred tax assets		4	%		32	%
Other		(8	)%		(9	)%
Increase in valuation allowance		123	%		(38	)%
Effective tax rate		0	%		0	%

Schedule of Deferred Tax Assets and Liabilities

The components of the Company’s deferred tax assets for federal and state income taxes as of December 31, 2017 and 2016 consisted of the following:

	2017			2016
Deferred income tax assets
Net operating loss carryforwards	$	5,926,021		$	7,927,043
Reserves and accruals		355,057			321,448
Valuation allowance		(6,281,078	)		(8,248,491	)
	$	-		$	-