| SCHEDULE OF TAX COMPUTATIONS |
The
tax computations are as follows:
SCHEDULE
OF TAX COMPUTATIONS
| | |
June 30, 2026 | | |
December 31, 2025 | |
| Adjustments to arrive at taxable income/loss | |
| | | |
| | |
| Permanent differences: | |
| - | | |
| - | |
| Temporary differences: | |
| - | | |
| - | |
| Taxable (loss) | |
| (416,153 | ) | |
| (1,969,172 | ) |
| | |
| | | |
| | |
| Current Year Taxable (loss) | |
| (416,153 | ) | |
| (1,969,172 | ) |
| NOL carried forward prior year (tax return) | |
| (5,618,232 | ) | |
| (3,922,060 | ) |
| NOL carried forward at period end | |
$ | (6,034,385 | ) | |
$ | (5,618,232 | ) |
| | |
| | | |
| | |
| Deferred Tax Asset - Federal Rate (21%) | |
| (1,267,221 | ) | |
| (1,179,829 | ) |
| Deferred Tax Asset - State Rate | |
| - | | |
| - | |
| Total Deferred Tax Asset | |
| (1,267,221 | ) | |
| (1,179,829 | ) |
| | |
| | | |
| | |
| Valuation Allowance | |
| (1,267,221 | ) | |
| (1,179,829 | ) |
| Deferred tax per books | |
$ | - | | |
$ | - | |
|