v3.25.3
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Income Taxes [Abstract]  
Schedule of Provision for Income Taxes

A reconciliation of the provision for income taxes at the United States federal statutory rate of 21% and a Colorado state rate of 5% compared to the Company’s income tax expense as reported at December 31, 2024 and 2023 is as follows:

 

 

   Income tax valuation allowance
       
   2024  2023
       
Net loss before income taxes  $(1,514,839)  $(917,088)
  Adjustments to net loss          
     Convertible note expense   109,956    28,547 
Net taxable income (loss)   (1,404,883)   (888,541)
Income tax rate   26%   26%
Income tax recovery   365,270    231,021 
Valuation allowance change   (365,270)   (231,021)
Provision for income taxes  $
—  
   $
—  
 
           
Schedule of Components of Deferred Income Tax Assets

The significant components of deferred income tax assets at December 31, 2024 and 2023 are as follows:

 

   Components of deferred income tax assets
       
   2024  2023
       
Net operating loss carryforward  $5,534,349   $4,129,466 
           
Valuation allowance   (5,534,349)   (4,129,466)
           
Net deferred income tax asset  $
—  
   $
—