Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense Benefit

Income tax provision for the periods December 31, 2014 and December 31, 2013 consists of the following:

	12/31/2014		12/31/2013
Current tax expense (benefit)
Federal	$	67,026	$	18,438
State		10,649		1,890
		77,675		20,328
Deferred tax expense (benefit):
Federal		185,106		(18,756)
State		15,916		1,256
		201,022		(17,500)
Total	$	278,697	$	2,828

Schedule of Effective Income Tax Reconciliation

	12/31/2014	12/31/2013
Federal income taxes	35.00%	35.00%
State income taxes	2.81%	2.18%
Permanent items	-2.29%	-9.60%
Current year losses not utilized	-61.04%	-27.90%
	25.51%	0.3%

Schedule of Deferred Tax Assets and Liabilities

The components of the deferred tax assets, net of deferred tax liabilities for each period are:

	12/31/2014		12/31/2013
Inventory	$	42,109	$	32,709
Allowance for doubtful accounts		32,132		26,506
Deferred revenue		72,646		111,069
Other		32,147		9,865
Valuation allowance		(167,394)		-
Current Deferred Tax Assets		11,640		180,149
Net operating loss		772,088		410,140
Foreign tax credits		29,211		-
Fair value of derivatives		58,097		179,030
Share based compensation		21,505		21,589
Property and equipment		22,366		-
Valuation allowance		(844,543)		(410,140)
Long term deferred tax assets		58,724		200,619
Total deferred tax assets		70,364		380,768
Unrealized gain on marketable securities		(13,295)		(41,137)
Prepaid expenses		(55,659)		(85,931)
Current deferred tax liabilities		(68,954)		(127,068)
Property & equipment		-		(43,853)
Goodwill and other intangibles		(1,410)		(8,825)
Long term deferred tax liabilities		(1,410)		(52,678)
Total deferred tax liabilities		(70,364)		(179,746)
Net Deferred tax asset	$	-	$	201,022

Summary of Operating Loss Carryforwards

The NOLs are projected to expire as follows:

2032	$	434,814
2033		466,786
2034		1,129,703
	$	2,031,303