Annual report pursuant to Section 13 and 15(d)

6. Income Taxes (Tables)

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6. Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2013
Income Tax Disclosure [Abstract]  
Deferred tax assets and deferred tax liabilities

 

    December 31,  
Current deferred taxes   2013     2012  
          Inventories   $ 19,640     $ 19,723  
          Accounts Receivable allowance     -       -  
          Other accruals     23,050       45,053  
           Less: valuation allowance     (42,690 )     (64,776 )
                   Total current deferred tax assets   $ -     $ -  
Long term deferred taxes:                
Accelerated tax depreciation   $ 29,511     $ 32,686  
Non-cash, stock-based compensation, nonqualified     387,708       388,506  
Goodwill and intangibles     (14,337 )     (33,580 )
Operating loss carry forwards and tax credits     8,938,681       7,643,661  
Less: valuation allowance     (9,341,563 )     (8,031,273 )
Total long term deferred tax assets (liabilities), net     -       -  
Total net deferred tax liabilities   $ -     $ -  

 
Effective income tax (benefit) provision rate
    For the Year Ended  
    December 31,  
    2012     2012  
Federal tax (benefit) provision rate     34 %     34 %
Permanent differences     (3 ) %     (1 ) %
State tax expense     0 %     0 %
Refundable AMT and R&D tax credit     0 %     0 %
Net operating loss carry back     0 %     0 %
Valuation allowance     (31 ) %     (33 ) %
Effective income tax (benefit) provision rate from continuing operations     0 %     0 %