Annual report pursuant to Section 13 and 15(d)

Note 9 - Income Taxes - Reconciliation of the Statutory Federal Income Tax Rate (Details)

v3.8.0.1
Note 9 - Income Taxes - Reconciliation of the Statutory Federal Income Tax Rate (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Expected federal tax benefit $ (1,100,000) $ (5,106,100)
Expected federal tax benefit (34.00%) (34.00%)
State tax provision, net of federal benefit, amount $ (140,200) $ (735,500)
State tax provision, net of federal benefit (4.33%) (4.90%)
Effect of increase in valuation allowance, amount $ (2,741,300) $ 6,042,900
Effect of (decrease) increase in valuation allowance (84.73%) 40.24%
Other permanent differences, amount $ 16,700 $ 108,800
Other permanent differences 0.52% 0.72%
Stock Compensation, amount $ (131,900)
Stock Compensation (4.08%)
Impact of enacted tax reform, amount $ 3,946,100
Impact of enacted tax reform 121.97%
State deferred tax true up, amount $ 185,000
State deferred tax true up 5.72%
Other, net, amount $ 1,500 $ (145,700)
Other, net 0.05% (0.97%)
Provision (Benefit), amount $ 35,880 $ 164,429
Provision 1.11% 1.09%