Income Taxes (Details 1) - USD ($) |
Dec. 31, 2019 |
Dec. 31, 2018 |
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Deferred tax assets: | ||
Inventory reserves | $ 395,562 | $ 210,283 |
Accrued liabilities and other reserves | 208,366 | 120,251 |
Net operating loss carryover | 734,207 | 326,515 |
Deferred tax liability | ||
Accumulated depreciation | (97,055) | (86,562) |
Net deferred tax assets | 1,241,080 | 570,487 |
Valuation allowance | (1,241,080) | (570,487) |
Net deferred tax assets, net of valuation allowances |
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- Definition Depreciation of deferred income tax liabilities. No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from inventory. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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