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

INCOME TAXES (Details - Deferred tax assets and liabilities)

v3.26.1
INCOME TAXES (Details - Deferred tax assets and liabilities) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets    
Net operating losses $ 25,562,308 $ 20,932,619
Unrealized loss on digital assets 21,657,531 0
Stock-based compensation 3,819,466 0
Depreciation and amortization 776,599 1,562,438
Research & development credit 1,099,535 1,099,535
Lease liability 174,998 162,786
Accrued expenses 47,898 94,561
Capital loss carryover 187,549 178,442
Vendor settlements and reserves 262,168 689,253
Other 26,066 41,554
Total 53,614,118 24,761,188
Valuation allowance (53,296,785) (24,431,492)
Net deferred tax asset 317,333 329,696
Deferred tax liabilities    
Prepaid expenses (145,763) (174,457)
Right-of-use assets (171,570) (155,239)
Total net deferred taxes deferred tax liabilities $ 0 $ 0