INCOME TAXES

3 Months Ended

Mar. 31, 2025

INCOME TAXES [Abstract]

INCOME TAXES

NOTE 10 - INCOME TAXES

The estimated annual effective tax rate applied to the three months ended March 31, 2025, is 0% which differs from the US federal statutory rate of 21% principally due to the projection of U.S. net operating loss for the fiscal 2025 with full application of a valuation allowance. As of March 31, 2025, we had U.S. Federal and state net operating loss carryforwards (“NOLs”) with a tax benefit of $31,456.6 from December 31, 2024. NOLs are available for use indefinitely.