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Income Taxes (Table)
6 Months Ended
Jun. 30, 2025
Income Taxes  
Schedule of deferred tax assets (liabilities)

 

 

As of June 30, 2025

 

 

As of December 31, 2024

 

Net operating loss carryforwards

 

$1,507,211

 

 

$965,019

 

Change in fair value of warrants

 

 

323,489

 

 

 

 

 

Change in fair value of convertible debt

 

 

54,732

 

 

 

 

 

Other expense temporary difference

 

 

2,813

 

 

 

2,813

 

Total deferred tax assets

 

 

1,888,245

 

 

 

967,833

 

Change in fair value of crypto assets

 

 

(38,360 )

 

 

-

 

Deferred tax liability- Depreciation

 

 

(2,263 )

 

 

(2,263 )

Allowance

 

 

(1,885,982 )

 

 

(965,570 )

Net deferred tax liability

 

$38,360

 

 

$-

 

Schedule of federal statutory rate

 

 

June 30, 2025

 

 

June 30, 2024

 

Federal statutory rate

 

 

21.0%

 

 

21.0%

Valuation allowance

 

 

(21.9 )

 

 

(21.0 )

 

 

 

 

 

 

 

 

 

Effective income tax rate

 

 

(0.9 )%

 

 

0.0%
Schedule of income tax provision

 

 

For the six months ended June 30, 2025

 

 

For the six months ended June 30, 2024

 

Deferred income tax expense

 

$38,360

 

 

$-

 

Current income tax expense

 

 

-

 

 

 

-

 

Total

 

$38,360

 

 

$-