v3.25.1
INCOME TAX PROVISION (Tables)
12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
SCHEDULE OF INCOME TAX PROVISION (BENEFIT)

Total income tax (benefit) expense consists of the following:

 

Years ended December 31,  2024   2023 
         
Current provision (benefits):          
Federal  $-   $- 
State   915    - 
Total current provision (benefits):  $915   $- 
           
Deferred provision (benefits):          
Federal  $-   $- 
State   -    - 
Total deferred provision (benefits)  $-   $- 
           
Total tax provision (benefits)  $915   $- 
SCHEDULE OF RECONCILIATION OF STATUTORY FEDERAL INCOME TAX RATE AND EFFECTIVE INCOME TAX RATE

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

Years ended December 31,  2024   2023 
         
Effective tax rates:          
Statutory federal rate   21.00%   21.00%
State income taxes   8.84%   8.84%
Permanent differences for tax purposes and others   -%   -%
Change in valuation allowance   (29.84)%   (29.84)%
           
Effective tax rate   -%   -%
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

 

Years ended December 31,  2024   2023 
         
Deferred tax assets:          
Net operating loss  $8,153,000   $6,755,000 
Other temporary differences   -    - 
Total deferred tax assets (liabilities)   8,153,000   $6,755,000 
Less – valuation allowance   (8,153,000)   (6,755,000)
           
Total deferred tax assets, net of valuation allowance  $-   $-