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Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of income tax expense
    December 31,  
    2022     2021  
Current            
Federal   $ -     $ -  
State     27,446       34,317  
Subtotal     27,446       34,317  
Deferred                
Federal     2,305,034       (1,208,287 )
State     10,037       (6,820 )
Subtotal     2,315,071       (1,215,107 )
Total income tax expense (benefit)   $ 2,342,517     $ (1,180,790 )

 

Schedule of effective income tax rate reconciliation
   December 31, 
   2022   2021 
Federal statutory rate   21.00%   21.00%
Permanent items   (4.94)%   (5.27)%
State and local taxes, net of federal taxes   0.00%   (0.16)%
Deferred rate changes   (0.02)%   0.00%
Change in valuation allowance   (33.88)%   - 
Other   (2.56)%   (2.66)%
    (20.4)%   12.91%

 

Schedule of net deferred tax (liabilities)/assets
   December 31, 
   2022   2021 
Allowance for doubtful accounts  $108,000   $108,000 
Accrued expenses   259,000    181,500 
Stock compensation   42,400    225,600 
Net operating loss carryforward   3,757,700    1,717,400 
Accumulated depreciation   (1,320,700)   (2,362,800)
Deferred revenue   573,500    867,900 
Lease liability   229,300    
-
 
Other miscellaneous items   35,900    1,400 
Right-of-use asset   (229,300)   
-
 
Start-up costs   1,462,700    1,575,907 
Total deferred tax assets   4,918,500    2,314,907 
Valuation allowance   (4,918,500)   
-
 
Deferred tax assets, net  $
-
   $2,314,907