v3.26.1
INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of components of income tax benefit
   December 31, 2025  December 31, 2024
Current income tax benefit:          
U.S. Federal  $(162,365)  $(113,256)
State   (33,594)   (11,114)
Foreign   —      —   
Total current tax provision from operations  $(195,959)  $(124,370)
Deferred income tax benefit:          
U.S Federal   288,725    19,646 
State   81,912    (31,231)
Foreign   —      —   
Total deferred income taxes   370,637    (11,585)
Change in valuation allowance   (566,596)   (112,785)
Income tax benefit   (195,959)   (124,370)
Schedule of effective income tax rate reconciliation
        
   December 31, 2025 
   Amount   % of Pretax Loss 
U.S. Federal Statutory Tax Rate  $(234,386)   (21.0)%
Domestic State and Local Income Expense, Net of Federal Income Tax Effect   (48,496)    (4.4)%
Change in valuation allowance   (562,158)   (50.4)%
Reduction in tax attribute in net operating loss for cancellation of debt    665,979    (59.7)%
Expired non-qualified stock option   3,360    0.3%
Other   (20,258)   (1.8)%
Total income tax benefit  $(195,959)   (17.6)%

 

A reconciliation between the effective tax rate on income from continuing operations and the statutory tax rate is as follows for December 31, 2024:

 

      
   December 31, 2024 
U.S Federal Statutory Tax Rate  $(228,218)
Domestic State and Local Income Taxes, Net of Federal Income Tax Effect   3,962 
State rate impact of goodwill impairment   (67,819)
Non-deductible items   241,457 
Change in valuation allowance   (112,785)
Adjustment to net operating loss   32,522 
Other   6,511 
 Total income tax benefit  $(124,370)
Schedule of cash taxes paid
     
    December 31, 2025 
U.S. Federal  $—   
States *   —   
Foreign   —   
Total Taxes Paid  $—   

 

* There are no single states that meet the 5% disaggregation threshold.         
Schedule of pretax loss from continuing operation
     
Components of pre-tax income:  December 31, 2025
U.S. Domestic  $(1,116,123)
Foreign   —   
Total  $(1,116,123)
Schedule of deferred tax assets and liabilities
       
   Years Ended December 31,
Deferred tax assets:  2025  2024
Accruals and allowances  $—     $(545)
Capitalized research and development   5,535    20,742 
Stock based compensation   3,408    7,464 
Net operating allowances   1,156,322    1,707,978 
Deferred tax assets   1,165,265    1,735,639 
Deferred tax liabilities:          
Intangible assets   —      (199,658)
Valuation allowance   (1,165,343)   (1,731,939)
Net deferred tax assets and liabilities  $—     $(195,958)