Income Taxes |
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Income Taxes | Note 4. Income Taxes
As of June 30, 2026 and December 31, 2025, the Company has $11,000 and $4,700 in gross deferred tax assets resulting from net operating loss carry-forwards of $52,200 and $22,400, respectively, available to offset future taxable income through 2041 subject to the change in ownership provisions under IRC 382. A valuation allowance has been recorded to fully offset these deferred tax assets because the Company’s management believes future realization of the related tax benefits is uncertain.
The tax provision at the statutory federal income tax rate on June 30, 2026 and December 31, 2025, and the tax provisions attributable to loss before income taxes are as follows:
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