v3.26.1
Income Taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Taxes  
Schedule of income tax expense benefit

 

 

For the Three Months Ended June 30,

 

 

 

 2026

 

 

2025

 

Federal income tax benefit

 

$(123,101)

 

$-

 

Total benefit for income taxes

 

$(123,101)

 

$-

 

 

 

For the Six Months Ended June 30,

 

 

 

 2026

 

 

2025

 

Federal income tax benefit

 

$(186,088)

 

$-

 

Total benefit for income taxes

 

$(186,088)

 

$-

 

Schedule of deferred tax assets and liabilities

 

 

For the Six Months Ended June 30,

 

 

 

 2026

 

 

2025

 

Deferred tax assets and liabilities:

 

 

 

 

 

 

Net operating loss carryforwards

 

$430,112

 

 

$-

 

Deferred gain on installment sale

 

 

(18,186,000 )

 

 

-

 

Net deferred tax liability

 

$(17,755,888 )

 

$-

 

Schedule of Reconciliation of Difference Between The Expected Income Tax Expense (Benefit)

 

 

For the Three Months Ended June 30,

 

 

 

2026

 

 

2025

 

Income tax benefit computed as statutory rate

 

$(1,102,700)

 

$-

 

Non-cash equity compensation

 

 

979,440

 

 

 

-

 

Other

 

 

159

 

 

 

-

 

Benefit for income taxes

 

$(123,101)

 

$-

 

 

 

 

For the Six Months Ended June 30,

 

 

 

2026

 

 

2025

 

Income tax benefit computed as statutory rate

 

$(1,165,761)

 

$-

 

Non-cash equity compensation

 

 

979,440

 

 

 

-

 

Other

 

 

233

 

 

 

-

 

Benefit for income taxes

 

$(186,088)

 

$-