NOTE 13 - INCOME TAXES: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

Net deferred tax assets consist of the following components as of December 31, 2023, and 2022:

	December 31,		December 31,
	2023		2022
Deferred tax assets:
Net operating loss carryover	$	8,035,407	$	7,839,147
Research and development carry forward		131,088		131,088
Inventory reserve		221,491		222,661
Allowance for doubtful accounts		3,600		3,600
Warranty allowance		3,068		3,068
Accrued compensation		152,438		152,438
Deferred tax liabilities:
Depreciation		(34,482)		(34,066)
Valuation allowance		(8,512,610)		(8,317,935)
Net deferred tax asset	$	-	$	-