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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of income tax benefits
Current        
Federal  $
-
   $
-
 
State   34,951    (858)
Sub-total   34,951    (858)
           
Deferred          
Federal   (813,189)   (149,308)
State   (23,314)   6,264 
Sub-total   (836,503)   (143,044)
Total income tax  $(801,552)  $(143,902)

 

Schedule of effective income tax rate reconciliation
   December 31, 
   2020   2019 
Federal statutory rate   21.00%   21.00%
Permanent items   48.70%   (2.71)%
State and local taxes, net of federal taxes   1.91%   (0.85)%
Deferred rate changes   0.08%   0.03%
Amortizable start-up costs and other   (132.77)%   0.93%
    (61.08)%   18.40%

 

Schedule of net deferred tax (liabilities)/assets
   December 31, 
   2020   2019 
Inventory capitalization  $2,100   $2,300 
Allowance for doubtful accounts   107,400    107,400 
Accrued expenses   110,400    138,100 
Charitable contribution   
-
    5,300 
Net operating loss carryforward   613,700    1,814,300 
Accumulated depreciation   (2,428,200)   (2,330,900)
Deferred revenue   1,027,200    526,800 
Start-up costs   1,667,200    
-
 
Deferred tax assets, net  $1,099,800   $263,300