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Income Taxes: (Tables)
12 Months Ended
Feb. 28, 2025
Income Taxes:  
Schedule of actual provision for income tax that differs from the amounts computed by applying the U.S. federal income tax rate to the pretax loss

    

2025

    

2024

Expected expense (benefit)

$

(291,103)

$

(280,441)

Taxed directly to Dr. Burzynski

 

291,103

 

280,441

Nondeductible expenses and other adjustments

3,468

 

2,394

Change in valuation allowance

(3,468)

 

(2,394)

State taxes

Provision for income tax

$

$

Schedule of components of the Company's deferred income tax assets

    

2025

    

2024

Deferred tax assets:

Net operating loss carryforwards

$

125,096

$

121,628

Alternative minimum tax credit carryforwards

 

42,603

 

42,603

Total deferred tax assets

 

167,699

 

164,231

Less valuation allowance

 

(167,699)

 

(164,231)

Net deferred tax assets

$

$

Schedule of expiration of net operating loss carryforwards The NOL carryforwards expire as of February 28 or 29 of the following years:

2025

$

2026

$

44,638

2027

$

31,220

2028

$

7,737

2029

$

31,868

2030

$

2031

$

2032

$

2033

$

207,097

2034

$

76,643

2035

$

2036

$

2037

$

2038

$

74,699

Indef

$

121,791