Annual report [Section 13 and 15(d), not S-K Item 405]

Income taxes (Tables)

v3.26.1
Income taxes (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Reconciliation of income tax
Reconciliation of income tax   2025     2024  
    Amount     %     Amount     %  
Federal statutory rates   $ (1,004,000 )     21%       (691,000 )     21%  
State income taxes     (311,000 )     9%       (146,000 )     9%  
Foreign income taxes     (50,000 )     4%       (66,000 )     4%  
Permanent differences     –       –       –       –  
Valuation allowance against net deferred tax assets     1,365,000       (33% )     903,000       (33% )
Effective rate   $ –       –     $ –       –  
Schedule of deferred tax assets and liabilities
           
    2025     2024  
Deferred income tax asset                
Net operating loss carryforwards   $ 8,310,208     $ 7,514,325  
Interest     48,067       45,128  
Total deferred income tax asset     8,358,275       7,559,453  
Less: valuation allowance     (8,358,275 )     (7,559,453 )
Total deferred income tax asset   $ –     $ –