INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2024

INCOME TAXES

Schedule of reconciliation of the federal statutory corporate tax rate to the Company's effective tax rate

A reconciliation of the federal statutory corporate tax rate to the Company’s effective tax rate is as follows:

	Nine Months Ended		Nine Months Ended
	September 30, 2024		September 30, 2023
U.S. statutory federal tax rate	21.00	%	21.00	%
State tax, net of federal tax	(0.11)	%	0.13	%
Change in valuation allowance	(132.06)	%	—	%
Stock options	—	%	0.15	%
Section 162(m); Limit on Compensation	(0.13)	%	—	%
Other	(0.13)	%	—	%
Return-to-provision and other	(3.27)	%	1.14	%
Effective tax rate	(114.70)	%	22.42	%