XML 40 R23.htm IDEA: XBRL DOCUMENT v3.26.1
Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2025
Significant Accounting Policies [Abstract]  
Schedule of Fair Value of the Purchase Consideration The fair value of the purchase consideration is summarized below:
Cash  $400,000 
Legal fees paid on behalf of Ayala   66,424 
Company common stock (4,774,637 shares at $1.34 per share)   6,398,014 
Total fair value of consideration transferred  $6,864,438 
Schedule of Estimated Amortization Expenses

As of December 31, 2025, expected future amortization expense is as follows:

  

Year    
2026  $496,972 
2027   496,972 
2028   496,972 
2029   496,972 
2030   496,972 
2031 and thereafter   4,019,272 
Total  $6,504,132 
Schedule of Recognize Interest and Penalties Related to Tax Positions in Income Tax Expense

The Company will recognize interest and penalties related to tax positions in income tax expense. As of December 31, 2025 and December 31, 2024, the Company had no unrecognized uncertain income tax positions.

 

   2025   2024 
Deferred tax assets:        
Net operating loss carryforwards  $9,900,522   $6,559,791 
General business credit carryover   3,045,651    1,672,876 
R&D credit (available for payroll tax    offset)   268,568    268,568 
Subtotal   13,214,741    8,501,235 
Valuation allowance   (13,214,741)   (8,501,235)
Total deferred tax assets  $
-
   $
-
 
Schedule of Recognize Interest and Penalties Related to Tax Positions in Income Tax Expense

Below is a table listing all preferred stock and common stock equivalents:

 

Common Stock Equivalents  December 31,
2025		   December 31,
2024		 
Series A Senior Convertible Preferred Stock   1,401,786    
-
 
Underwriter/Placement Agent Warrants   319,711    280,448 
Inducement Warrants   7,154,338    
-
 
Prepaid Common Stock Not Issued   1,441,518    
-
 
Series A Warrants   -    1,512,500 
Total   10,317,353    1,792,948