v3.25.2
Income Tax
12 Months Ended
Dec. 31, 2024
Income Tax [Abstract]  
Income Tax

Note 11 — Income Tax

 

ASC Topic 740 accounts for income taxes requiring an asset and liability approach to financial accounting and reporting for income taxes including the parameters for the recognition of deferred tax assets and liabilities. The Company is exempt from Cayman Islands as well as US taxation. Accordingly, there is no reported tax provision nor any net deferred tax asset or liability position in the accompanying financial statements.