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Income Taxes (Tables)

4 Months Ended

Apr. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of U.S Federal Statutory Income Tax Rate and Reported Provision for Income Taxes

The differences between income taxes expected at the U.S. federal statutory income tax rate and the reported provision for income taxes are summarized as follows:

Schedule of U.S Federal Statutory Income Tax Rate and Reported Provision for Income Taxes 

		2025				2024				2024				2023
		April 30,								December 31,
		2025				2024				2024				2023
Income taxes computed at the federal statutory rate		$	(288,000	)		$	(245,000	)		$	(671,000	)		$	(611,000	)
States taxes, net of federal benefits			(54,000	)			(46,000	)			(160,000	)			(115,000	)
Permanent differences			(7,000	)			(38,000	)			(38,000	)			2,000
True-up adjustments			(6,000	)			51,000				47,000				(89,000	)
Adjustment to net operating loss			-				-				63,000				(45,000	)
Change in valuation allowance			355,000				278,000				759,000				858,000
Reported income tax (benefit) expense		$	-			$	-			$	-			$	-

Schedule of Deferred Tax Assets

The components of the net deferred tax assets as of April 30, 2025, December 31, 2024 and 2023 are as follows:

Schedule of Deferred Tax Assets 

		2025				2024				2023
		April 30,				December 31,
		2025				2024				2023
Deferred tax assets:
Net operating losses		$	8,309,000			$	7,980,000			$	7,195,000
Equity compensation			299,000				280,000				268,000
Other deferred tax assets			96,000				89,000				127,000
Total deferred tax assets			8,704,000				8,349,000				7,590,000
Deferred tax liabilities:
Other deferred tax liabilities			-				-				-
Total deferred tax liabilities			-				-				-
Net deferred tax assets before valuation allowance			8,704,000				8,349,000				7,590,000
Less valuation allowance			(8,704,000	)			(8,349,000	)			(7,590,000	)
Net deferred tax assets		$	-			$	-			$	-

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- References

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12A

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

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