INCOME TAXES (Tables)
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12 Months Ended |
Dec. 31, 2025 |
| INCOME TAXES |
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| Schedule of income before provision for (benefit from) income taxes |
| | | | | | | | | | | | | | | | Years ended December 31, | | | 2025 | | 2024 | United States | | $ | (17,253,473) | | $ | (22,162,510) | Foreign | | | 1,179,715 | | | (345,698) | Loss before income tax expense | | $ | (16,073,758) | | $ | (22,508,208) |
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| Schedule of components of the provision for income taxes |
| | | | | | | | | | | | | | | | Years ended December 31, | | | 2025 | | 2024 | Current | | | | | | | Federal | | $ | — | | $ | — | State | | | — | | | — | Foreign | | | — | | | — | Total Current | | | — | | | — | Deferred | | | | | | | Federal | | | — | | | — | State | | | — | | | — | Foreign | | | (16,086) | | | — | Total Deferred | | | (16,086) | | | — | Total income taxes | | $ | (16,086) | | $ | — |
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| Schedule of reconciliation of the total income tax provision tax rate to the statutory federal income tax rate |
| | | | | | | | | | | | | | For the Years ended December 31, 2025 | | | | Amount ($) | | Percentage | | Income Tax Expense (Benefit) at statutory federal rate | | (3,375,489) | | 21.0 | % | Foreign Tax Effects: | | | | | | India: | | | | | | Non-taxable bargain purchase gain | | (445,427) | | 2.7 | % | Others | | 170,938 | | (1.0) | % | Changes in Valuation Allowance | | 2,887,012 | | (17.5) | % | Nontaxable or nondeductible items: | | | | | | Loss on extinguishment of debts | | 641,679 | | (4.0) | % | Others | | 105,201 | | (1.0) | % | | | | | | | Effective tax income | | (16,086) | | 0.1 | % |
| | | | | | | | | | | | | | For the Years ended December 31, 2025 | | | | Amount ($) | | Percentage | | Income Tax Expense (Benefit) at statutory federal rate | | (4,726,724) | | 21.0 | % | Non-deductible items | | 1,899,065 | | (8.4) | % | Change in Valuation Allowance | | 2,902,582 | | (12.9) | % | Other | | (74,923) | | 0.3 | % | | | — | | 0.0 | % |
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| Schedule of Deferred tax assets (liabilities) |
| | | | | | | | | | | | | | | | Years ended December 31, | | | 2025 | | 2024 | Deferred Tax Assets: | | | | | | | Amortization and impairment | | $ | — | | $ | 492,385 | Deferred Revenue | | | 50,703 | | | — | Accruals and reserve | | | 484,783 | | | — | Stock based compensation | | | 394,466 | | | — | Operating lease liability | | | 55,480 | | | 78,087 | Net operating losses | | | 9,878,937 | | | 8,450,019 | Excess interest expenses (163j) | | | 1,131,857 | | | — | Other | | | 263,409 | | | 10,566 | Deferred tax assets | | | 12,259,635 | | | 9,031,057 | Valuation Allowance | | | (11,843,977) | | | (8,888,489) | Total deferred tax assets | | $ | 415,658 | | $ | 142,568 | Deferred Tax Liabilities: | | | | | | | Intangible assets | | | (85,509) | | | — | Fixed asset | | | (4,238,328) | | | (28,220) | ROU | | | (40,961) | | | (114,348) | Other | | | (90,374) | | | — | Total deferred tax liabilities | | | (4,455,172) | | | (142,568) | | | | | | | | Net deferred tax asset/(liability) | | $ | (4,039,514) | | $ | — |
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