v3.26.1
Income Taxes
6 Months Ended
Jun. 30, 2026
Income Taxes [Abstract]  
INCOME TAXES

NOTE 9 – INCOME TAXES

 

Income tax expense was $0 for the three and six months ended June 30, 2026 and 2025.

 

As of January 1, 2026, the Company had no unrecognized tax benefits, and accordingly, the Company did not recognize interest or penalties during 2025 related to unrecognized tax benefits. There has been no change in unrecognized tax benefits during the three and six months ended June 30, 2026, and there was no accrual for uncertain tax positions as of June 30, 2026. Tax years from 2022 through 2025 remain subject to examination by major tax jurisdictions.

 

There is no income tax benefit for the losses for the three and six months ended June 30, 2026 and 2025, since management has determined that the realization of the net tax deferred asset is not assured and has created a valuation allowance for the entire amount of such benefits.