v3.25.1
Income Taxes
 3 Months Ended
Mar. 31, 2025
Income Taxes [Abstract]  
INCOME TAXES

11. INCOME TAXES

 

Income tax (benefit) expense for the three months ended March 31, 2025 and 2024 were $0 and $0, respectively.

 

Deferred tax assets (liability) as of March 31, 2025 and December 31, 2024 consist approximately of:

 

   March 31,   December 31, 
   2025   2024 
Loss on impairment of assets   713,223    713,223 
Net operating loss carryforwards   5,870,805    5,677,413 
Operating lease liabilities   155,559    178,014 
Operating lease assets   (155,559)   (178,014)
Deferred tax assets, gross   6,584,028    6,390,636 
Valuation allowance   (6,584,028)   (6,390,636)
Deferred tax assets, net   
-
    
-