INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF INCOME TAX RECONCILIATION EXPECTED EXPENSE (BENEFIT)

The Company did not have tax expense (benefit) at the U.S. statutory rate to the actual tax expense (benefit) reflected in the accompanying statement of operations:

	Year Ended December 31,
	2024			2023
U.S. federal statutory rate	$	(1,704,209	)	$	(2,330,862	)
State and local taxes, net of federal benefit		(351,765	)		(482,302	)
Change in valuation allowance		2,051,899			2,810,101
True-up & deferred adjustment		-			-
Other permanent items		4,075			2,509
Change in tax rate		-			-
Other		-			554
	$	-		$	-

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

As of December 31, 2024 and 2023, the Company’s deferred tax assets and liabilities consisted of the effects of temporary differences attributable to the following:

	Year Ended December 31,
	2024			2023
Deferred tax assets:
Net operating losses	$	18,918,516		$	16,766,937
Unrealized loss on investment		38,030			37,692
Accrued Expenses and Deferred Income		174,687			-
Charitable contribution		7,933			7,933
Stock based compensation		2,593,511			2,885,422
Net book value of intangible assets		5,841			5,133
UNICAP 263a Adjustment		16,860			-
ASC 842 - Lease Accounting		77,152			75,080
Total deferred tax assets		21,832,530			19,778,197
Deferred tax liabilities:
Net book value of fixed assets		(10,539	)		(8,106	)
Total deferred tax liabilities		(10,539	)		(8,106	)
Net deferred tax assets		21,821,991			19,770,091
Valuation allowance		(21,821,991	)		(19,770,091	)
Net deferred tax assets	$	-		$	-