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Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes

NOTE 8 – INCOME TAXES

 

During the nine months ended September 30, 2025, we generated federal net operating losses (“NOL”) of $7.2 million and foreign NOL carryforwards of $5.3 million. As of September 30, 2025, we had consolidated income tax NOL carryforwards for federal tax purposes of approximately $205.9 million and net operating loss carryforwards for foreign income tax purposes of approximately $32.0 million. From 2026 through 2027, approximately $26.4 million of the NOL will expire, and from 2028 through 2037, approximately $128.0 million of the NOL will expire. The NOL generated in 2018 through 2024 of approximately $44.3 million will be carried forward indefinitely.