Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.23.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
Schedule of net deferred taxes
    As of December 31,  
    2022     2021  
Net operating loss   $ 8,541,890     $ 8,286,577  
Stock options and compensation     2,358,690       2,100,042  
Deferred revenue     238,410       107,078  
Allowance for doubtful accounts     -       95,523  
Valuation allowance     (11,138,990 )     (10,589,220 )
Total deferred tax asset    
-
     
-
 
                 
Basis difference fixed assets    
-
     
-
 
Total deferred tax liability    
 
     
-
 
                 
Net deferred tax asset (liability)   $
-
    $
-
 

 

Schedule of provision for (benefit from) income taxes
    As of December 31,  
    2022     2021  
Current tax:            
Federal    
-
     
-
 
State    
-
     
-
 
Total    
-
     
-
 
                 
Deferred tax:                
Federal   $ (509,721 )   $ (1,572,231 )
State     (40,049 )     (123,532 )
Less: change in valuation allowance     549,770       1,695,763  
      -       -  
Total   $
-
    $
-
 

 

Schedule of statutory rate
    As of December 31,
2022
    As of December 31,
2021
 
Net loss before tax per financial statements   $ (1,847,406 )           $ (3,814,468 )        
                                 
Statutory rate     (387,955 )     21.00 %     (801,038 )     21.00 %
State tax rate     (30,482 )     1.65 %     (62,939 )     1.65 %
Permanent items     (131,330 )     7.11 %     (831,786 )     21.81 %
Rate change    
-
      0.00 %    
-
      0.00 %
Change in valuation allowance     549,770       (29.73 )     1,695,763       (44.46 )%
    $
-
      0.00 %   $
-
      0.00 %