v3.26.1
NOTE 10 - INCOME TAXES: Schedule of Effective Income Tax Rate Reconciliation (Tables)
12 Months Ended
Dec. 31, 2025
Tables/Schedules  
Schedule of Effective Income Tax Rate Reconciliation

 

 

As of December 31,

 

2025

 

2024

US federal statutory income tax rate

$

(456,689)

21.00%

 

$

(369,847)

21.00%

Domestic state and local taxes, net of federal effect

 

 

 

 

 

 

 

Florida income tax effect

 

(119,475)

5.49%

 

 

(75,648)

4.30%

Nontaxable or nondeductible items:

 

 

 

 

 

 

 

Loss from Debt Conversion

 

19,722 

-0.91%

 

 

0.00%

Amortization of Debt Discount

 

3,564 

-0.16%

 

 

1,963 

-0.11%

Other Permanent Items

 

1,671 

-0.08%

 

 

2,267 

-0.13%

Other Adjustments

 

 

 

 

 

 

 

Return to Provision Adjustments:

 

13,661 

-0.63%

 

 

0.00%

Other, net

 

 

 

 

 

 

 

Change in Domestic valuation allowance

 

537,546 

-24.72%

 

 

441,265 

-25.06%

 

 

 

 

 

 

 

 

Income Taxes Provision (Benefit)

$

0.00%

 

$

0.00%