Income Taxes (Tables)

6 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

For the six months ended June 30, 2025, the expected tax expense (benefit) based on the U. S. federal statutory rate is reconciled with the actual tax provision (benefit) as follows:

	For the Six Months Ended June 30,
	2025
Expected tax at statutory rates
Federal	$	706,000		21	%
State		(330,000	)	(10	)%
Permanent Differences		-		0	%
Temporary difference for derivative gain		(930,000	)	(28	)%
Other		(868,000	)	(26	)%
Current Year Change in Valuation Allowance
Federal		1,038,000		31	%
State		(537,000	)	(16	)%
Prior Year True-Ups		-		0	%
Income tax expense	$	-		0	%

Schedule of Deferred Tax Assets and Liabilities

As of June 30, 2025, and December 31, 2024, significant components of the Company’s deferred tax assets are as follows:

	As of
	June 30, 2025			December 31, 2024
Deferred Tax Assets (Liabilities):
Accrued payroll	$	141,000		$	141,000
ASC842-ROU (Liability)		822,000			822,000
Loss from derivatives		(29,000	)		(869,000	)
Stock based compensation		(306,000	)		(304,000	)
Depreciation		3,000			3,000
Net operating loss		12,662,000			12,462,000
Net deferred tax assets (liabilities)		13,293,000			12,255,000
Valuation allowance		(13,293,000	)		(12,255,000	)
Net deferred tax assets (liabilities)	$	-		$	-