Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

v3.20.2
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2020
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows:

 

   

For the Six Months

Ended June 30,

 
    2020     2019  
Tax at federal statutory rate     21.0 %     21.0 %
U.S. income subject to valuation allowance     -21.0 %     -21.0 %
Foreign tax     0.0 %     -1.7 %
Effective income tax rate     0.0 %     -1.7 %