v3.26.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF DEFERRED INCOME TAX ASSETS AND LIABILITIES

Deferred income tax assets and liabilities at December 31, 2025 and 2024, consisted of the following temporary differences and carry-forward items:

 

   December 31, 2025   December 31, 2024 
Deferred tax assets          
Deductible temporary differences, net  $9,828,985   $974,718 
Loss carryforwards   48,059,205    4,615,303 
Expected tax rate   24.6%   24.6%
Total deferred tax assets   14,237,311    1,374,838 
           
Deferred tax liabilities          
Deductible temporary differences, net   1,107,601    989,890 
Expected tax rate   24.6%   24.6%
Total deferred tax liabilities   272,409    243,459 
           
Deferred tax valuation allowance   (13,964,902)   (1,131,379)
Net deferred tax asset  $-   $- 
SCHEDULE OF INCOME TAX EXPENSE

The components for the income tax expense:

   December 31, 2025   December 31, 2024 
Taxable income          
Financial statement pretax loss  $(52,228,923)  $(3,239,916)
Non-deductible expenses   48,465    8,978 
Total taxable income   (52,180,458)   (3,230,938)
           
Decrease (increase) in taxable temporary differences   (117,711)   (756,932)
Increase in deductible temporary differences   8,854,267    912,718 
Federal taxable loss  $(43,443,902)  $(3,075,152)
SUMMARY OF VALUATION ALLOWANCE

The valuation allowance roll forward as of December 31 is as follows:

 

   2025   2024 
Beginning balance  $1,131,379   $359,434 
Increase due to current year activity   12,833,523    771,945 
Ending balance  $13,964,902   $1,131,379 
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

The schedule of effective tax rate reconciliation is as follows:

 

Year ended December 31,  2025   2024 
Federal statutory rate   21.0%  $10,968,074    21.0%  $(680,382)
State income tax rate, net of federal benefit   3.6%   1,877,369    3.6%   (116,459)
Permanent differences   (0.0)%   (11,920)   (0.1)%   2,208 
Effect of tax rate change   0.0%   -    (0.7)%   22,688 
Change in valuation allowance   (24.6)%   (12,833,523)   (23.8)%   771,945 
    0.0%  $-    0.0%  $-