Income Taxes (Tables)

12 Months Ended

Jan. 31, 2018

Schedule of Components of Income Tax Expense (Benefit)

The provision for income taxes consists of the following:



	Years ended January 31,
	2018			2017

Current
Federal	$	—		$	—
State	—			—
Deferred
Federal	53,108			(28,500		)
State	(4,729		)	(4,412		)
Change in valuation allowance	(48,379		)	32,912
	$	—		$	—

Schedule of Income Tax Percent by Jurisdiction

The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before the provision for income taxes. The sources and tax effects of the difference are as follows:



	Years ended January 31,
	2018		2017

Income tax at statutory rate ^(a)	32.92	%	34.00	%
State income taxes, net of federal benefit	3.69		3.30
Impact of Tax Cuts and Job Act of 2017	(92.89	)	—
Change in valuation allowance	56.28		(37.30	)
Total	0.00	%	0.00	%

^{(a) For the year ended January 31,2018, represents the blended rate of 34% for 11/12 of the year and 21% for 1/12 of the year.}

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and tax liabilities are as follows:



	January 31,
	2018			2017

Net operating loss	$	170,646		$	219,024
Gross deferred tax assets:	170,646			219,024
Less: valuation allowance	(170,646		)	(219,024		)
Net deferred tax asset	$	—		$	—