INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2022

INCOME TAXES

Schedule of reconciliation of income taxes based on the federal statutory rate and the effective income tax rate

	Three Months Ended		Three Months Ended
	March 31, 2022		March 31, 2021
U.S. statutory federal tax rate	21.0	%	21.0	%
State tax, net of federal tax	3.2	%	5.9	%
Stock options	5.2	%	—	%
Out of period adjustment	4.0	%	—	%
Rate Change	8.1	%	—	%
Other	1.7	%	—	%
Effective tax rate	43.2	%	26.9	%