Income Tax (Tables)
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12 Months Ended |
Dec. 31, 2025 |
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| Income Tax |
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| Schedule of components of pretax income / (loss) before income taxes |
| | | | | | | | | | | | | | | | Years Ended December 31, | | | 2025 | | 2024 | United States | | $ | (7,432,105) | | $ | (2,096,105) | Ukraine | | | (298,812) | | | 28,198 | Estonia | | | (798,346) | | | — | | | $ | (8,529,263) | | $ | (2,067,907) |
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| Reconciliation of income tax benefit at the statutory federal income tax rate and income taxes as reflected in the consolidated financial statements |
| | | | | | | | | | | | | | | | | | | | | | Years Ended December 31, | | | | 2025 | | 2024 | | U.S. Statutory Tax Rate | | (1,791,145) | | 21.0 | % | (434,260) | | 21.0 | % | State and Local Income Taxes, Net of Federal Income Tax Effect* | | (259,769) | | 3.0 | % | (86,655) | | 4.2 | % | Foreign Tax Effects | | — | | | | — | | | | Ukraine | | — | | | | — | | | | Statutory tax rate difference between Ukraine and United States | | 8,964 | | (0.1) | % | (289) | | (0.1) | % | Change in valuation allowance | | 53,786 | | (0.6) | % | — | | 0.0 | % | Other | | — | | 0.0 | % | — | | 0.0 | % | Estonia | | — | | 0.0 | % | — | | 0.0 | % | Statutory tax rate difference between Estonia and United States | | (7,983) | | 0.1 | % | — | | 0.0 | % | Change in valuation allowance | | 175,636 | | (2.1) | % | — | | 0.0 | % | Other | | — | | 0.0 | % | — | | 0.0 | % | Effect of Changes in Tax Laws or Rates Enacted in the Current Period | | — | | 0.0 | % | — | | 0.0 | % | Effect of Cross-Border Tax Laws | | — | | 0.0 | % | — | | 0.0 | % | U.S. Federal R&D Tax Credits | | (118,280) | | 1.4 | % | (6,606) | | 0.3 | % | Change in Valuation Allowances | | 1,171,755 | | (13.7) | % | 358,029 | | (17.1) | % | Nontaxable or Nondeductible Items | | 33,416 | | (0.4) | % | (2,721) | | 0.1 | % | Changes in Unrecognized Tax Benefits | | — | | 0.0 | % | — | | 0.0 | % | Other Adjustments | | — | | | | — | | | | Change in FV of SAFE Liability | | 733,620 | | (8.6) | % | 174,237 | | (8.4) | % | Actual income tax benefit effective tax rate | | — | | 0.0 | % | 1,735 | | 0.0 | % |
*Swarmer, Inc currently only files a corporate income tax return in Delaware.
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| Schedule of components of the Company's deferred tax assets for federal income taxes |
| | | | | | | | | | | | | | | | Years Ended December 31, | | | 2025 | | 2024 | Deferred tax assets: | | | | | | | Net operating loss carryforwards | | $ | 1,355,370 | | $ | 261,570 | Accruals and other | | | 246,023 | | | 64,374 | Capitalized research and development expenditures | | | 19,853 | | | 25,528 | Research and development tax credits | | | 124,886 | | | 6,606 | Lease liabilities | | | 40,967 | | | — | Share-based compensation | | | 11,706 | | | — | Total deferred tax assets | | | 1,798,804 | | | 358,078 | Less: valuation allowance | | | (1,759,255) | | | (358,078) | Deferred tax asset, net of valuation allowance | | $ | 39,548 | | $ | — | Deferred tax liabilities: | | | | | | | Depreciation and amortization | | | (2,983) | | | — | Right-of-use assets | | | (36,565) | | | — | Total deferred tax liabilities | | | (39,548) | | | — | Net deferred tax assets | | $ | — | | $ | — |
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