v3.26.1
INCOME TAXES (Tables)
12 Months Ended
Dec. 31, 2025
INCOME TAXES  
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)

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)

$

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

%

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)

$