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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate

The effective income tax rate for the years ended December 31, 2024 and 2023 consisted of the following:

		December 31,
		2024						2023
Federal statutory income tax rate				21.00		%				21.00		%
State income taxes				0.00		%				0.00		%
Permanent differences			(0.16			)%			(0.21			)%
Change in effective state income tax rate				0.00		%				0.00		%
True up prior year tax return				0.05		%			0.06			%
Change in valuation allowance			(0.11			)%			(20.85			)%
Net effective income tax rate				20.78		%				0.00		%

Schedule of Deferred Tax Assets and Liabilities

The components of the deferred tax assets and liabilities as of December 31, 2024 and 2023 are as follows:

		December 31,
		2024						2023
Deferred tax assets:
Federal and state net operating loss carryovers		$		8,835,743				$		9,391,254
Stock compensation				3,587,594						2,578,060
Stock-based debt discounts				669,499						440,963
Goodwill and intangibles				1,012,214						1,106,693
Reorganization costs				28,135						28,135
Allowances				237,044					132
Total deferred tax assets		$		14,370,229				$		13,545,237
Deferred tax liabilities:
Property and equipment				(672,148	)					(561,128	)
Total deferred liabilities				(672,148	)					(561,128	)
Net deferred tax assets (liabilities)				13,698,081						12,984,109
Less: valuation allowance				(13,698,081	)					(12,984,109	)
Deferred tax assets (liabilities)		$		-				$		-

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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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