Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.21.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2020
Income Taxes [Abstract]  
Schedule of provision for income taxes
    Year ended December 31,  
    2020     2019  
Computed "expected" tax benefit   $ (2,287,528 )     (1,804,200 )
Increase (reduction) in income taxes resulting from:                
State Tax, net of federal     (446,351 )     (225,900 )
Stock Compensation     309,838       372,190  
Other     188       17,572  
Change in the valuation allowance     2,423,853       1,640,338  
Total income tax expense/(benefit)   $        
Schedule of deferred tax assets
    Total     Total     Deferred Tax Asset  
    2020     2019     2020     2019  
Net operating loss carry-forward     23,294,000       14,120,000       5,996,000       3,635,000  
Accrued Expenses     243,000             62,000        
Intangible Assets     (1,000 )     (1,000 )            
Less: valuation allowance     (23,536,000 )     (14,119,000 )     (6,058,000 )     (3,635,000 )
Total   $     $     $     $