v3.25.2
INCOME TAXES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2025
Dec. 31, 2024
INCOME TAXES    
Schedule of Components of Net deferred tax assets

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Deferred tax assets:

 

 

 

 

 

 

NOL Carryover

 

$457,910

 

 

$270,061

 

Temporary Differences

 

 

 

 

 

 

 

 

Stock based compensation

 

$14,711

 

 

$-

 

Amortization of intangible assets

 

$8,724

 

 

$-

 

Impairment of Intangible Asset

 

$-

 

 

$41,621

 

Bad debt Expense

 

$6,300

 

 

$6,300

 

Sub Total

 

$487,645

 

 

$317,982

 

Valuation Allowance

 

$(487,645)

 

$(317,982)

Net Deferred Tax Asset

 

$-

 

 

$-

 

Change in valuation allowance

 

$(169,663)

 

 

 

 

 

 

2024

 

 

%

 

 

2023

 

 

 

 

 

 

 

 

 

 

 

Deferred tax assets:

 

 

 

 

 

 

 

 

 

Impairment of Intangible Asset

 

41,621

 

 

 

 

 

$-

 

Bad debt Expense

 

6,300

 

 

 

 

 

$-

 

NOL Carryover

 

$270,061

 

 

 

 

 

$174,040

 

 

 

 

 

 

 

 

 

 

 

 

 

Sub Total

 

$317,982

 

 

 

 

 

$174,040

 

 

 

 

 

 

 

 

 

 

 

 

 

Valuation Allowance

 

$(317,982)

 

 

 

 

$(174,040)

Net Deferred Tax Asset

 

$-

 

 

 

 

 

$(0)

 

 

$(143,942)

 

 

 

 

$(73,142)

 

 

 

 

 

 

 

 

 

 

 

 

Book Loss

 

$(246,002)

 

 

21%

 

$(73,142)

Permanent Difference:

 

 

 

 

 

 

 

 

 

 

 

 

Loss on Conversion of Shares

 

89,460

 

 

 

-8%

 

$-

 

Loss on exercise of warrants

 

$

12,600

 

 

 

-1%

 

$-

 

Change in valuation

 

$143,942

 

 

 

-12%

 

$73,142

 

 

 

$(0)

 

 

0%

 

$(0)

 

 

 

 

 

 

 

 

 

 

 

 

 

Book Loss

 

$(1,171,439)

 

 

 

 

 

$(348,291)