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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
SCHEDULE OF NET DEFERRED TAX ASSETS AND LIABILITIES | The Company’s net deferred tax assets, liabilities and valuation allowance as of December 31, 2024 and 2023 are summarized as follows: SCHEDULE OF NET DEFERRED TAX ASSETS AND LIABILITIES
|  | 2024 |  |  | 2023 |
|  | December 31, |
|  | 2024 |  |  | 2023 |
Deferred Tax Assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 18,004,100 |  |  | $ | 14,311,000 |
Stock-based compensation |  |  | 8,695,100 |  |  |  | 15,788,000 |
Research and development costs |  |  | 2,694,200 |  |  |  | 1,676,000 |
Research and development credits |  |  | 330,000 |  |  |  | 330,000 |
Right-of-use assets |  |  | - |  |  |  | 25,000 |
Other |  |  | 600 |  |  |  | 4,000 |
Total Deferred Tax Assets |  |  | 29,724,000 |  |  |  | 32,134,000 |
Deferred Tax Liabilities: |  |  |  |  |  |  |  |
Depreciation |  |  | (153,200 | ) |  |  | (122,000 | )
Intangible assets |  |  | (41,700 | ) |  |  | (47,000 | )
Lease liability |  |  | - |  |  |  | (39,000 | )
Other |  |  | (95,000 | ) |  |  | (86,000 | )
Total Deferred Tax Liabilities |  |  | (289,900 | ) |  |  | (294,000 | )
Net Deferred Tax Asset |  |  | 29,434,100 |  |  |  | 31,840,000 |
Less: valuation allowance |  | $ | (29,434,100 | ) |  | $ | (31,840,000 | )
Deferred Tax Asset, Net of Valuation Allowance |  | $ | - |  |  | $ | - |
Change in valuation allowance |  | $ | 2,405,900 |  |  | $ | (4,064,000 | )
SCHEDULE OF INCOME TAX PROVISION (BENEFIT) | The income tax provision (benefit) as of December 31, 2024 and 2023 consists of the following: SCHEDULE OF INCOME TAX PROVISION (BENEFIT)
|  | 2024 |  |  | 2023 |
|  | December 31, |
|  | 2024 |  |  | 2023 |
Federal: |  |  |  |  |  |
Current |  | $ | - |  |  | $ | - |
Deferred |  |  | 3,567,000 |  |  |  | (3,090,000 | )
State & Local: |  |  |  |  |  |  |  |
Current |  |  | - |  |  |  | - |
Deferred |  |  | (1,161,100 | ) |  |  | (974,000 | )
Total |  |  | 2,405,900 |  |  |  | (4,064,000 | )
Change in valuation allowance |  |  | (2,405,900 | ) |  |  | 4,064,000 |
Income tax provision (benefit) |  | $ | - |  |  | $ | - |
SCHEDULE OF STATUTORY FEDERAL INCOME TAX RATE | A reconciliation of the statutory federal income tax benefit to actual tax benefit for the years ended December 31, 2024 and 2023 is as follows: SCHEDULE OF STATUTORY FEDERAL INCOME TAX RATE
|  | 2024 |  |  | 2023 |
|  | December 31, |
|  | 2024 |  |  | 2023 |
Federal statutory rate |  |  | 21.0 | % |  |  | 21.0 | %
State tax, net of valuation allowance |  |  | 0.0 | % |  |  | 1.7 | %
Permanent differences |  |  | 1.0 | % |  |  | 7.2 | %
Tax return to provision adjustment |  |  | 0.4 | % |  |  | -0.2 | %
Change in federal valuation allowance |  |  | 39.7 | % |  |  | -29.7 | %
Adjustment for stock-based compensation |  |  | -62.1 | % |  |  | - | %
Effective tax rate |  |  | 0.0 | % |  |  | 0.0 | %

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