v3.26.1
INCOME TAX (Tables)
 12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
SCHEDULE OF PROVISION FOR INCOME TAX

The provision for income tax consisted of the following:

 

   2024   2023 
   For the year ended December 31, 
   2024   2023 
Current income tax expense  $-   $22,173 
Deferred income tax expense   -      
Total income tax expense  $-   $22,173 
SCHEDULE OF RECONCILIATION OF STATUTORY TAX RATE

The following table reconciles the statutory tax rate to the Company’s effective tax rate:

 

  

2024

      2023  
   For the year ended December 31,  
  

2024

      2023  
Federal statutory tax expense (benefit)   (21.00)%    

(21.00

 )%
State Statutory   (5.82)%    

(6.80

 )%
Tax rate difference   2.54%    

0.10

 %
Permanent difference   0.13%    

0.20

 %
Change in valuation allowance   24.15%    

27.90

 %
Effective tax rate   0.00%    

0.40

 %
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

The components of deferred tax assets (liabilities) are as follows:

 

  

2024 (Restated)

      2023 (Restated)  
   As of December 31,  
  

2024 (Restated)

      2023 (Restated)  
Deferred tax:             
Allowance for doubtful accounts  -      -  
Net operating loss (“NOL”) carrying forwards   8,462,315      7,154,235  
Operating lease liabilities, net of right of use assets   2,014     

-

  
Warrant liabilities   

21,866 

     

-

  
Total deferred tax assets, net   

8,486,195

     

7,154,235

  
Less: valuation allowance   (8,452,200)    

(7,149,841

 )
Total deferred tax assets, net  $33,995    $

4,394

  
              
Deferred tax liability: 

         
License and Patents  $33,995    $

-

  
Operating lease liabilities, net of right of use assets         

4,394

  
Deferred tax liability, net of deferred tax assets  $-

    $

-