8. INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of income taxes

	Current		Deferred		Total
Year Ended December 31, 2018:
U.S. federal	$	––	$	––	$	––
State and local		14,305		––		14,305
Foreign		11,493		––		11,493
	$	25,798	$	––	$	25,798
Year Ended December 31, 2019:
U.S. federal	$	––	$	––	$	––
State and local		10,792		––		10,792
Foreign		14,073		––		14,073
	$	24,865	$	––	$	24,865

Schedule of income tax reconciliation

	2018			2019
Computed "expected" US tax (benefit) at Federal statutory rate	$	(12,594	)	$	(685,652	)
Change resulting from:
State and local income taxes, net of federal income tax benefit		4,927			(102,770	)
Valuation allowance		115,960			411,810
Non––deductible items		701			87,998
Expired Federal net operating loss		90,375			218,376
Federal and state rate changes		(173,571	)		95,103
State net operating loss true up and rate change		––			––
Income tax expense	$	25,798		$	24,865

Schedule of deferred tax assets

	2018			2019
Deferred income tax assets:
Inventories	$	129,349		$	145,884
Accounts receivable		137,522			253,559
Accrued expenses		72,749			80,068
Net operating loss and tax credit carry forwards		13,020,122			13,276,081
Plant and equipment		13,615			6,014
Stock compensation		112,664			123,841
Lease accounting		––			26,515
Other – interest expense		––			12,385
Total deferred income tax assets		13,486,022			13,924,347
Valuation allowance		(13,486,022	)		(13,924,347	)
Net deferred tax assets	$	––		$	––