Annual report pursuant to Section 13 and 15(d)

Income Taxes (Tables)

v3.24.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2023
Income Tax Disclosure [Abstract]  
Schedule of components of deferred taxes
Schedule of components of deferred taxes                
    Year Ended December 31,
    2023   2022
Deferred tax assets:                
Net operating loss carry forwards   $ 2,444,000     $ 2,368,000  
Other     195,000       163,000  
Total deferred tax assets     2,639,000       2,531,000  
Deferred tax liabilities:                
 Property and equipment     —       (211,000 )
Intangibles     (225,000 )     (1,180,000 )
Other     (65,000 )     (63,000 )
Total deferred tax liabilities     (290,000 )     (1,454,000 )
                 
Valuation Allowance     (2,349,000 )     (1,077,000 )
                 
Net deferred tax liabilities   $ —     $ —  
Schedule of expected income tax expense benefit
 Schedule of expected income tax expense benefit                
    2023   2022
U.S. Federal Statutory Rate     21.0%       21.0 %
State Taxes     7.3 %       7.1 %
                 
Other permanent and prior period adjustments     9.1%       — %
Valuation allowance     (37.4)%       (28.1 )%
Income tax provision     —%       — %