Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes differs from the amounts which would be provided by applying the statutory federal income tax rate to the net loss before provision for income taxes for the following reasons:

	December 31, 2019			December 31, 2018
Net loss before taxes at statutory rate	$	2,852,268		$	(6,015,352	)
Permanent items	717,020			1,471,275
Temporary items	(2,169,777		)	2,444,934
Income tax expense at statutory rate	1,399,511			(2,099,143		)
Valuation allowance	(1,576,746		)	2,150,426
Income tax expense per books	$	(177,235	)	$	51,283

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets consist of the following components as of: 

	December 31, 2019			December 31, 2018
Net operating loss carryover at statutory rate	$	3,960,658		$	5,753,943
Stock-based compensation expense	3,056,099			4,939,759
Fixed asset depreciation	(24,681		)	—
Intangibles amortization	(997		)	(1,148		)
Other	103,604			2,046,961
Total	$	7,094,683		$	12,739,515
Valuation allowance	$	(7,094,683	)	$	(12,739,515	)
Net deferred tax asset	$	—		$	—