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Income taxes (Tables)
12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Provision (Benefit)

Allocation of federal and state income taxes between current and deferred portions is as follows:

 

Components of Tax Expense   December 31, 2019     December 31, 2018     December 31, 2018
(Pro Forma)
 
                   
Current - Federal   $ -       -     $ -  
Current - State     4,413       3,004       3,004  
Deferred - Federal     -       -          
Deferred - State     -       -          
                         
Income Tax Provision/(Benefit)   $ 4,413     $ 3,004     $ 3,004  

Schedule of Rate Reconciliation

Federal income tax expense differs from the statutory federal rates of 21% for the years ended December 31, 2019 and 2018 due to the following:

 

Rate Reconciliation   December 31, 2019           December 31, 2018           December 31, 2018
(Pro Forma)
       
                                     
Provision/(Benefit) at Statutory Rate   $ (1,054,558 )     21.00 %   $ (407,291 )     21.00 %   $ (474,676     21.00 %
State Tax Provision/(Benefit) net of federal benefit     (179,449 )     3.62 %     (46,706 )     4.03 %     (57,336 )     4.03 %
Permanent Book/Tax Differences     14,603       (0.29 )%     163,916       (8.45 )%     175,909       (7.78 )%
Employee Retention Credit     -       0.00 %     -       0.00 %     (6,484 )     0.29 %
Change in valuation allowance     1,222,042       (24.34 )%     290,454       (14.98 )%     423,761       (18.75 )%
Other     1,775       (0.04 )%     2,631       (0.14 )%     (58,170 )     2.57 %
                                                 
Income Tax Provision/(Benefit)   $ 4,413       (0.04 )%   $ 3,004       1.47 %   $ 3,004       1.36 %

Schedule of Deferred Income Tax Assets

The components of the net deferred tax asset at December 31, 2019 and 2018, are as follows:

 

    December 31, 2019     December 31, 2018  
Deferred Tax Assets                
263A Unicap   $ 90,539     $ 29,233  
Fixed Assets     27,754       (4,408 )
Charitable Contribution Carryforward     121       -  
Business Interest Limitation     417,904       36,969  
Stock based compensation     661,359       106,015  
Federal Net Operating loss     254,079       109,380  
State Net Operating Loss     42,814       20,612  
Total Deferred Tax Assets     1,494,570       297,801  
Deferred Tax Liabilities                
Intangibles     18,287       (7,347 )
Inventory Reserve     (362 )     -  
Total Deferred Tax Liability     17,925       (7,347 )
Net Deferred Tax Asset/(Liability)     1,512,495       290,454  
Valuation Allowance     (1,512,495 )     (290,454 )
Net Deferred Tax Asset/(Liability)   $ -     $ -