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

Income Taxes

v3.25.1
Income Taxes - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
INCOME TAXES    
Income tax (benefit) / Expense at federal statutory rate $ (2,810,816) $ (1,633,209)
Apportioned state income taxes (127,093) (95,082)
Expired or forfeited stock based compensation 1,511,086 89,502
Rate change 72,688 46,848
Return to provision adjustments 0 5,968
Other non-deductible items 445 1,195
Change in valuation allowance 1,353,690  
Total income tax provision $ 0 $ 0
Income tax (benefit) / Expense at federal statutory rate, percent 21.00% 21.00%
Apportioned state income taxes, percent 0.90% 1.20%
Stock based compensation, percent (11.30%) (1.20%)
Rate change (0.50%) (0.60%)
Return to provision adjustments , percent 0.00% (0.10%)
Other non-deductible items, percent 0.00% 0.00%
Change in valuation allowance, percent (10.10%) (20.30%)
Total income tax provision, percent 0.00% 0.00%