Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Taxes

Schedule of Income tax provisions breakdown

	2022		2021 (as adjusted)
Federal
Current	$	-	$	-
Deferred		-		-
State and local
Current		18,000		23,000
Deferred		-		-
Income tax provision	$	18,000	$	23,000

Schedule of expected tax expense (benefit)

	For the Year Ended December 31, 2022			For the Year Ended December 31, 2021, (as adjusted)
U.S. federal statutory rate		21.0	%		21.0	%
State taxes		(2.6	)%		(2.5	)%
Deferred tax asset adjustments		0.1	%		8.4	%
Non-deductible amortization of debt discount		(20.9	)%		(13.8	)%
Non-taxable change in profit share liability		(10.8	)%		(3.1	)%
Change in valuation allowance		12.0	%		(10.6	)%
Income tax provision		(1.2	)%		(0.6	)%

Schedule of deferred tax assets and liabilities

	2022			2021 (as adjusted)
Deferred tax assets:
Net operating loss carryforwards	$	6,495,000		$	6,689,000
Stock based compensation		2,008,000			1,872,000
Other		23,000			1,430,000
Total deferred tax assets		8,526,000			8,691,000
Deferred tax liabilities:
Property and equipment		(1,000	)		-
Intangible assets		(98,000	)		(76,000	)
Total deferred tax liabilities		(99,000	)		(76,000	)
Valuation Allowance		(8,427,000	)		(8,615,000	)
Net deferred tax asset	$	-		$	-