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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2023
ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES  
Schedule of net deferred tax assets

 

 

December 31,

2023

 

 

December 31,

2022

 

Deferred tax assets:

 

 

 

 

 

 

Deferred tax assets

 

$1,846,000

 

 

$1,542,000

 

Valuation allowance

 

 

(1,846,000 )

 

 

(1,542,000 )

Net deferred tax asset

 

$-

 

 

$-

 

Schedule of material impact to our consolidated financial statements

ASU

Effective Date

2021-04

Issuer’s Accounting for Certain Modifications or Exchanges of Warrants

January 1, 2022

2021-05

Lessors - Certain Leases with Variable Lease Payments

January 1, 2022

2021-08

Business Combinations: Accounting for Contract Assets and Contract Liabilities from Contracts with Customers

January 1, 2022

2022-06

Reference Rate Reform: Deferral of the Sunset Date of Topic 848

December 21, 2022

2022-02

 

Financial Instruments – Credit Losses, Troubled Debt Restructurings and Vintage Disclosures

 

January 1, 2023