General form of registration statement for all companies including face-amount certificate companies

Income Taxes (Tables)

v3.20.2
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Components of net deferred income tax assets
    December 31,  
    2019     2018  
Deferred tax assets:            
Federal net operating loss carryforward     36,803,000       25,306,000  
Intellectual property     58,504,000       61,787,000  
Accrued expense     1,262,000       129,000  
Patent amortization     4,000       5,000  
Deferred tax asseets before valuation     96,573,000       87,227,000  
Valuation allowance     (96,573,000 )     (87,227,000 )
Net deferred income tax assets     -       -