Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes Abstract

Schedule of income (loss) before income taxes

	For the Years Ended
	December 31,
	2019			2018
United States	$	(15,339,841	)	$	(28,118,382	)
Foreign		(1,398,888	)		(2,901,343	)
Loss before income taxes	$	(16,738,729	)	$	(31,019,725	)

Schedule of income tax provision (benefit)

	For the Years Ended
	December 31,
	2019			2018
Federal:
Current	$	–		$	–
Deferred		(3,036,568	)		(4,840,852	)
State and local:
Current		–			–
Deferred		(289,197	)		346,679
Foreign:
Current		–			–
Deferred		(38,037	)		(187,853	)
		(3,287,728	)		(4,682,026	)
Change in valuation allowance		3,287,728			4,682,026
Income tax provision (benefit)	$	–			–

Schedule of Reconciliation of income tax

	For the Years Ended
	December 31,
	2019			2018
U.S. federal statutory rate		(21.0	)%		(21.0	)%
State taxes, net of federal benefit		(2.0	)%		(2.0	)%
Permanent differences		0.6	%		3.8	%
Statutory rate differential - domestic. vs. foreign		1.6	%		1.8	%
Changes in tax rates		0.0	%		2.9	%
Other		(1.2	)%		(0.6	)%
Adjustment in deferred taxes		41.6	%		0.0	%
Change in valuation allowance		(19.6	)%		15.1	%
Income tax provision (benefit)		0.0	%		0.0	%

Schedule of deferred tax assets

	For the Years Ended
	December 31,
	2019			2018
Deferred Tax Assets:
Net operating loss carryforwards	$	9,343,617		$	13,521,964
Production costs		1,929,672			2,056,726
Investment		2,190,138			2,183,396
Stock-based compensation		104,236			40,516
Capitalized start-up costs		353,651			411,842
Accruals and other		898,494			398,310
Gross deferred tax assets		14,819,808			18,612,754
Deferred Tax Liabilities
Property and equipment		(922,857	)		(1,428,075	)
Net deferred tax assets		13,896,951			17,184,679
Valuation allowance		(13,896,951	)		(17,184,679	)
Deferred tax assets, net of valuation allowance	$	–		$	–