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INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Provision

The provision for income taxes consists of:

 

 

   Year Ended December 31, 
   2024   2023 
         
Current tax expense:          
Federal  $3,122   $4,296 
State   145,049    36,702 
           
Current tax expense   148,171    40,998 
           
Deferred tax benefit:          
Federal   (333,093)   (425,065)
State   (41,877)   (103,794)
           
Deferred tax benefit   (374,970)   (528,859)
           
Total  $(226,799)  $(487,861)
The effective income tax rate differs from the federal statutory rate as follows:

The effective income tax rate differs from the federal statutory rate as follows:

 

   Year Ended December 31,
   2024  2023
       
Federal statutory rate  21.00%  21.00%
State taxes, net of federal benefit  -21.76%  2.69%
Permanent differences  -5.90%  -3.24%
Prior year adjustments  -6.54%  -3.07%
Changes in State Blended Tax Rate and Other  -6.16%  11.55%
General Business Credit  85.16%  0.00%
       
Total  65.80%  28.93%
Schedule of Net Deferred Tax Assets and Liabilities

Net deferred tax assets and (liabilities) at December 31 consist of:

 

 

   December 31, 
   2024   2023 
         
Net Operating Losses  $1,042,956   $1,246,963 
Other   425,215    320,451 
Prepaid expenses   (134,527)   (68,926)
Depreciation   (3,804,348)   (4,033,750)
Inventory   (646,710)   (576,075)
General Business Credits   303,733    - 
Section 163(j) Carryforward   277,033    199,719 
Net noncurrent deferred tax liability   (2,536,648)  $(2,911,618)
           
Valuation allowance   -    - 
           
Total   (2,536,648)   (2,911,618)