v3.25.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
SCHEDULE OF RECONCILIATION OF EFFECTIVE INCOME TAX RATE

The items accounting for the difference between income taxes at the effective statutory rate and the Company’s effective tax rate for the years ended December 31, 2024 and 2023 were as follows:

 

  

Year Ended

December 31, 2024

  

Year Ended

December 31, 2023

 
         
Income tax benefit at U.S. statutory rate   (21.00)%   (21.00)%
Income tax benefit – State   (6.50)%   (6.50)%
Permanent items   0.8%   10.6%
Deferred tax true up   -%   29.5%
Effect of change in valuation allowance   26.7%   (12.6)%
Effective income tax rate   0.00%   0.00%
SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS

The Company’s approximate net deferred tax asset as of December 31, 2024 and 2023 was as follows:

 

   December 31, 2024   December 31, 2023 
Deferred Tax Asset:          
Net operating loss carryover  $12,492,318   $11,471,375 
Less: valuation allowance   (12,492,318)   (11,471,375)
Net deferred tax asset  $-   $-