v3.26.1
Note 5 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Federal net operating loss carry-forwards $ 19,202,216 $ 18,781,815
State net operating loss carry-forwards 93,437 76,054
Accrued interest 871,968 848,914
Stock based compensation 1,019,669 846,566
Intangible assets (22,571) (18,450)
Fixed assets 17,513 21,923
Accrued liabilities 73,788 126,457
Lease liabilities 17,090 0
Capitalized research expenses 0 554,946
Research and development credit carry-forward 65,796 80,589
Total deferred tax assets 21,338,906 21,318,814
Valuation allowance for deferred tax assets (21,338,906) (21,318,814)
Deferred tax assets, net of valuation allowance $ 0 $ 0