SCHEDULE OF RECONCILIATION OF TAXES ON INCOME

The table below provides the updated requirements of ASU 2023-09 for 2025. See Notes to Consolidated Financial Statements - Income Taxes for additional details on the adoption of ASU 2023-09. The effective tax rate differs from the federal statutory income tax rate applied to the loss before provision for income taxes and tax due to the following:

	March 31, 2026
	Amount			Rate
Federal tax benefit	$	(188,090	)		(21.0	)%
Foreign expense (benefit)		3,830			0.4	%
Temporary differences		(39,366	)		(4.4	)%
Valuation allowance change		223,626			25.0	%
Total income tax expense	$	—			—	%

SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS AND DEFERRED TAX LIABILITIES

The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities consist of the following:

	March 31, 2026			March 31, 2025
Deferred Tax Assets:
Stock-based compensation	$	28,884		$	—
Net operating loss carryforwards		5,302,399			5,253,078
Total gross deferred tax assets		5,331,283			5,253,078
Valuation allowance		(5,331,283	)		(5,253,078	)
Net deferred tax assets	$	—		$	—

Deferred Tax Liabilities:
In-process research and development intangible assets	$	(9,318,414	)	$	(9,318,414	)
Total deferred tax liabilities		(9,318,414	)		(9,318,414	)

Net deferred tax liability	$	(9,318,414	)	$	(9,318,414	)