Income Taxes (Tables)

9 Months Ended

Sep. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Effective Tax Rates Reconciliation

The nature of the differences for the nine months ended September 30, 2017 and 2016 were as follows:

	September 30, 2017			September 30, 2016
Expected federal income tax benefit	$	(1,204,479	)	$	(798,000	)
State income taxes after credits		(237,739	)		(155,000	)
Change in valuation allowance		1,442,218			953,000
Total provision for income taxes	$	-		$	-

Schedule of Deferred Tax Assets and Liabilities

The components of the net deferred tax assets and liabilities at September 30, 2017 and December 31, 2016 consisted of the following:

	September 30, 2017			December 31, 2016
Deferred tax assets:
Net operating loss carryforwards	$	4,824,563		$	3,557,909
Stock-based compensation		410,575			213,181
Total deferred tax assets		5,235,138			3,771,090
Deferred tax liabilities:
Depreciation and amortization		(92,647	)		(70,816	)
Total deferred tax liabilities		(92,647	)		(70,816	)
Valuation allowance		(5,142,491	)		(3,700,274	)
Net deferred tax assets	$	-		$	-