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

Income Tax (Tables)

v3.26.1
Income Tax (Tables)
12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Deferred Tax Asset Net

The Company has the following net deferred tax asset:

 

    As of
December 31, 2025
    As of
December 31, 2024
 
Temporary Differences   $ -     $ 255,138  
Unrealized gains     (39,172 )     128,077  
Loss on settlement    

(5,161,277

)        

Stock based compensation

    (3,949,824 )     -  
Impairment losses on investment     8,505       311,280  
Net operating loss carryforward     10,408,048       546,705  
Total gross deferred tax assets    

1,266,280

    1,241,199  
Less: Valuation Allowances     (1,266,280 )     (1,241,199 )
                 
Net deferred tax assets   $ -     $ -  
Summary of Reconciliation of Statutory Federal Income Tax Rate

A reconciliation of the statutory federal income tax rate to the Company’s effective tax rate is as follows:

 

    For the Year ended
December 31, 2025
    For the Year ended
December 31, 2024
 
             
Expected federal statutory rate     (21.00 )%     (21.00 )%
State Effect on tax rate, net of federal benefit     (4.35 )%     (4.35 )%
Permanent differences     (5.75 )%     (5.75 )%
Change in valuation allowance     31.10 %     31.10 %
                 
Income tax provision (benefit)     -       -