v3.26.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2025
Income Taxes [Abstract]  
Schedule of Differences between U.S. Statutory Federal Rate Estimated Effective Tax Rate

The table below summarizes the differences between the U.S. statutory federal rate and the Company’s estimated effective tax rate for the years ended December 31, 2025 and 2024:

 

   December 31,
2025
($)
   December 31,
2025
   December 31,
2024
($)
   December 31,
2024
 
U.S. Statutory Rate  $(2,566,985)   (21)%  $467,881    (21)%
                     
AU/CA/MXN rates in excess of the US rate   (238,926)   (2)%   (81,761)   4%
                     
Increase (decrease) in valuation allowance   4,052,466    33%   (284,035)   14%
Permanent differences   316,339    3%   
-
    
-
%
Prior period true up   (1,445,423)   (12)%   
-
    
-
%
Total provision for income taxes  $117,471    1%  $102,085    (4)%
Schedule of Deferred Tax Assets

The Company has deferred tax assets, which have been fully reserved, as follows as of December 31, 2025 and 2024:

 

   December 31,
2025
   December 31,
2024
 
Net operating Losses  $11,993,073   $10,663,939 
           
Obsolete inventory   26,326    26,326 
Nonstatutory stock options   515,319    515,319 
Other   43,313    
-
 
Impairment of intangible asset   220,150    220,150 
Amortization   
-
    106,400 
Bad debt reserve   
-
    
-
 
Other   2,815,819    29,401 
Deferred tax asset   15,614,000    11,561,535 
Valuation allowance for deferred tax assets   (15,614,000)   (11,561,535)
Net deferred tax assets  $
-
   $
-
 
Schedule of Income Tax Provision (Benefit)

Income tax provision (benefit) consists of the following for the years ended December 31, 2025 and 2024:

 

   For the Years Ended
December 31,
 
Income tax provision (benefit):  2025   2024 
Current        
Federal   9,404    97,644 
State   104,442      
Foreign   3,625    4,441 
Total Current   117,471    102,085 
Deferred          
Federal   
-
    
-
 
State   
-
    
-
 
Foreign   
-
    
-
 
Total Deferred   
-
    
-
 
           
Total income tax provision (benefit)  $117,471   $102,085 
Schedule of (Loss) Income Before Taxes for Domestic and Foreign Jurisdictions

The table below summarizes the (loss) income before taxes for domestic and foreign jurisdictions:

 

   December 31,
2025
   December 31,
2024
 
         
Domestic (U.S.)  $(9,765,518)  $3,135,519 
Foreign   (2,458,219)   (908,458)
Total  $(12,223,737)  $2,227,061 
Schedule of Income Tax Provision (Benefit)

The table below summarizes the income tax expense for 2025 and 2024:

 

   December 31,
2025
   December 31,
2024
 
Federal  $9,404   $97,644 
State   104,442    
-
 
Foreign   3,625    4,441 
Total  $117,471   $102,085