v3.26.1
Income Taxes
3 Months Ended
Mar. 31, 2026
Income Taxes  
Income Taxes

Note 8 – Deferred tax asset of $3.0 million was remaining at March 31, 2026 and a provision for income taxes at an effective rate of 24% was reflected on the operating statement for the three-month period ended March 31, 2026 which was used to reduce the deferred tax asset. Based on current operations and company projections, the deferred tax asset of $3.0 million is more likely than not to be used up over the next five years, therefore no allowance was deemed necessary as of March 31, 2026.