v3.25.1
Income Tax (Tables)
12 Months Ended
Jun. 30, 2014
Income taxes  
Schedule of sources and tax effects rate

 

 

Years Ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

U.S. statutory federal income tax rate

 

 

21%

 

 

21%

State income taxes

 

 

5%

 

 

5%

Change in valuation allowance

 

(26

%) 

 

(26

%) 

Effective income tax rate

 

 

0%

 

 

0%
Schedule of income tax rate reconciliation

 

 

Years Ended

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

 

 

 

 

 

Tax credit (expense) at statutory rate (26%)

 

$246,281

 

 

$104,564

 

Increase in valuation allowance

 

 

(246,281 )

 

 

(104,564 )

Net deferred income tax asset

 

$—

 

 

$—

 

Schedule of Deferred Tax Assets and Liabilities

 

 

 December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

 

 

 

 

 

Net operating loss carry-forward 

 

$469,914

 

 

$223,633

 

Valuation allowance 

 

 

(469,914 )

 

 

(223,633 )

Net deferred tax asset (liability) 

 

$-

 

 

$-