Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Taxes [Abstract]

Schedule of Income Tax Provision

The income tax provision consisted of the following:

	During the Years Ended December 31,
	2024			2023
Current
Federal	$	—		$	—
State		10,056			4,627
Current subtotal		10,056			4,627
Deferred
Federal		(500,927	)		(1,179,474	)
State		(59,032	)		(145,802	)
Deferred subtotal, gross		(559,959	)		(1,325,276	)
Valuation allowance		559,959			1,325,276
Deferred subtotal, net		—			—
Income tax expense	$	10,056		$	4,627

Schedule of Income Tax Expense Differs from the Expected Tax Computed

The actual income tax expense differs from the expected tax computed by applying the U.S. federal corporate tax rate of 21% to the loss before income taxes during the years ended December 31, 2024 and 2023 respectively, as follows:

	During the Years Ended December 31,
	2024						2023
	$			%			$			%
Computed expected income tax expense rate	$	(450,780	)		(21.00	)%	$	(1,211,694	)		(21.00	)%
State income taxes, net of federal expense		(36,681	)		(1.71	)		(117,149	)		(2.03	)
Share-based compensation		49,030			2.28			56,214			0.97
Tax credits		(116,091	)		(5.41	)		(53,241	)		(0.92	)
Valuation allowance		559,959			26.09			1,325,276			0.09
Other		4,619			0.22			5,221			22.97
Income tax expense/rate	$	10,056			0.47	%	$	4,627			0.08	%

Schedule of Significant Components of Our Deferred Tax Assets Net

The significant components of our deferred tax assets, net, consisted of the following:

	As of December 31,
	2024			2023
Property, plant and equipment	$	(1,833,727	)	$	(2,121,940	)
Federal general business tax credits		842,565			726,474
Federal net operating loss carryforwards		3,705,923			3,729,500
State tax credits and net operating loss carryforwards		900,569			886,428
§174 R & D expenditures		727,410			592,915
Deferred compensation		82,370			50,722
Prepaid expenses and other		24,718			37,124
UNICAP		22,443			32,607
Incentive compensation		121,718			100,200
Valuation allowance		(4,593,989	)		(4,034,030	)
Deferred tax assets, net	$	—		$	—