| SCHEDULE OF TAX COMPUTATIONS |
The
tax computations are as follows:
SCHEDULE
OF TAX COMPUTATIONS
| | |
December 31, 2025 | | |
December 31, 2024 | |
| | |
(Restated) | | |
(Restated) | |
| Net losses before taxes | |
$ | (1,696,172 | ) | |
$ | (672,060 | ) |
| Adjustments to arrive at taxable income/loss | |
| | | |
| | |
| Permanent differences: | |
| — | | |
| — | |
| Temporary differences: | |
| — | | |
| — | |
| Taxable income (loss) | |
| (1,696,172 | ) | |
| (672,060 | ) |
| | |
| | | |
| | |
| Current Year Taxable (loss) income | |
| (1,696,172 | ) | |
| (672,060 | ) |
| NOL carried forward prior year (tax return) | |
| (3,922,060 | ) | |
| (3,250,000 | ) |
| NOL carried forward at period end | |
$ | (5,618,232 | ) | |
$ | (3,922,060 | ) |
| | |
| | | |
| | |
| Deferred Tax Asset - Federal Rate (21%) | |
| (1,179,829 | ) | |
| (823,632 | ) |
| Deferred Tax Asset - State Rate | |
| — | | |
| — | |
| Total Deferred Tax Asset | |
| (1,179,829 | ) | |
| (823,632 | ) |
| | |
| | | |
| | |
| Valuation Allowance | |
| (1,179,829 | ) | |
| (823,632 | |
| Deferred tax per books | |
$ | — | | |
$ | — | |
|