v3.26.1
INCOME TAXES (Tables)
3 Months Ended
Mar. 31, 2026
INCOME TAXES  
Schedule of (Loss) before Income tax expense (benefit)

  ​ ​ ​

For the Three Months Ended

March 31,

2026

  ​ ​ ​

2025

(Loss) from continuing operations before income taxes

$

(611,865)

$

(748,554)

Schedule of components of income tax provision

For the Three Months Ended

March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

Current:

  ​

 

  ​

Federal

$

$

State

 

4,400

 

5,200

Total current income tax provision

 

4,400

 

5,200

Deferred:

 

 

Federal

 

 

State

 

 

Total deferred income tax expenses (benefits)

 

 

Adjustments related to prior year income taxes

155

Total income tax benefits

$

4,400

$

5,355

Schedule of reconciliations of statutory income tax rate to effective income tax rate

For the Three Months Ended

 

March 31,

  ​ ​ ​

2026

  ​ ​ ​

2025

 

Federal income tax at the statutory rate

21.0

%  

21.0

%

State statutory tax rate

(0.6)

%  

7.7

%

Permanent Items

(0.4)

%  

(0.4)

%

Change in valuation allowance

(21.9)

%  

(29.0)

%

NOL Adjustment

1.2

%  

%

Other

%  

%

Effective tax rate

(0.7)

%  

(0.7)

%

Schedule of components of deferred tax assets

  ​ ​ ​

March 31,

  ​ ​ ​

March 31,

2026

2025

Deferred tax assets:

 

Net operating loss carry forwards

$

1,139,445

$

1,110,892

Lease liability

291,093

382,246

Others

464,089

438,159

Total gross deferred tax assets

2,094,627

1,931,297

Less valuation allowance

(1,565,904)

(1,293,194)

Total deferred tax assets, net of valuation allowance

528,723

638,103

Deferred tax liabilities:

Intangible assets

(286,391)

(241,798)

Fixed assets

(27,121)

Right of use assets

(215,211)

(395,705)

Total deferred tax liabilities

(528,723)

(637,503)

Total deferred tax assets, net

$

$

600