Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Tax Disclosure [Abstract]

Benefit for Income Taxes Differs from Amount Obtained by Applying Federal Statutory Income Tax Rate to Loss before Benefit for Income Taxes

The benefit for income taxes differs from the amount obtained by applying the federal statutory income tax rate to loss before benefit for income taxes for 2019, 2018 and 2017 as follows:

	2019			2018			2017
Tax benefit computed at federal statutory rate		21.0	%		21.0	%		34.0	%
Increase (decrease) in taxes due to:
Change in tax rate under tax reform		—			—			(13.0	)
Change in valuation allowance		(21.0	)		(21.0	)		(21.0	)
		—	%		—	%		—	%

Significant Components of Deferred Tax Assets (Liabilties)

The significant components of deferred tax assets (liabilities) at December 31 are as follows:

	2019			2018
Loss carryforwards	$	3,662,000		$	4,355,000
Depreciation & Amortization		684,000			826,000
Stock Option Compensation		394,000			376,000
Other		132,000			127,000
Less: valuation allowance		(4,872,000	)		(5,686,000	)
	$	—		$	—