v3.23.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Tax Disclosure [Abstract]  
State Income Tax Expense
          
   Year ended December 31 
   2022   2021 
Current federal taxes  $167,800   $ 
Current state taxes   126,700    (5,700)
   $294,500   $(5,700)
Reconciliation of the Statutory Federal Rate
                    
   2022   2021 
   Amount   %   Amount   % 
                 
Income tax at U.S. federal income tax rate  $442,600    21   $9,700    21 
                     
State tax net of federal tax effect   166,300    8    (2,600)   (5)
                     
Other           (13,800)   (30)
                     
Increase in (utilization of ) operating losses   (314,400)   (15)   1,000    2 
   $294,500    14   $(5,700)   (12)
Deferred Tax Assets and Liabilities
          
   2022   2021 
         
Deferred tax asset for NOL carryforwards  $143,400   $457,700 
           
Deferred tax liability - other          
Valuation allowance   (143,400)   (457,700)
Deferred tax liability   $   $