Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.19.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2018
Income Tax Disclosure [Abstract]  
Schedule of deferred income tax assets and liabilities

The tax effect of temporary differences and net operating losses that give rise to components of deferred income tax assets and liabilities consist of the following:

 

    As of December 31,
    2018   2017
Deferred income tax assets (liabilities):                
Property and equipment   $ 74,447     $ 58,036  
Accrued expenses     297,700       224,546  
Share based compensation     1,926,408       1,803,943  
Other     90,910       (912,575 )
Net operating loss carryforwards     20,080,697       18,535,794  
      22,470,162       19,709,744  
Less valuation allowance     (22,470,162 )     (19,709,744 )
    $ —     $ —