• Filing Date: 2018-04-17
  • Form Type: 10-K
  • Description: Annual report
v3.8.0.1
6. Income Taxes (Details-Deferred Taxes) - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Deferred Tax Assets:    
Net operating loss carry-forwards $ (24,351,000) $ (20,261,000)
Stock based compensation - options/awards 3,778,000 3,540,000
Stock issued for services 971,000 971,000
Gain on derivative instrument (2,361,000) (1,011,000)
Disallowed entertainment expense 59,000 56,000
Charitable contribution limitation 11,000 11,000
Preferred stock 39,000 39,000
Bad debt expense and reserves 47,000 47,000
Penalties 1,000 1,000
Loss on extinguishment of debt 1,743,000 114,000
Beneficial Conversion Feature 119,000 119,000
Mobiquity-Spain - net loss 830,000 830,000
Impairment of long lived assets 89,000 89,000
Stock issued for interest 376,000 0
Nondeductible insurance 10,000 0
Stock incentives 24,000 0
Derivative expense 514,000 0
Amortization of debt discount 2,246,000 1,311,000
Deferred Tax Assets (15,855,000) (14,144,000)
Less Valuation Allowance 15,855,000 14,144,000
Net Deferred Tax Asset $ 0 $ 0