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

Note 14 - Income Taxes (Tables)

v3.25.1
Note 14 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
   

December 31,

 
   

2024

   

2023

 

Goodwill and intangible assets

  $ 425,865     $ 83,613  

Developed technology

    2,866       3,953  

Property and equipment

    (12,565 )     (9,970 )

Other deferred tax assets

    320,815       264,571  

Settlements

    121,950       121,950  

Stock based compensation

    103,551       76,977  

Net operating loss

    10,365,248       10,216,313  

Valuation allowance

    (11,327,730 )     (10,757,407 )

Net deferred tax liability

  $ -     $ -  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   

Year Ended December 31,

 
   

2024

   

2023

 

Federal:

               

Current provision

  $ -     $ -  

Deferred tax benefit

    -       (110,961 )
    $ -     $ (110,961 )

State:

               

Current provision

  $ 6,321     $ -  

Deferred tax benefit

    -       (28,419 )
    $ 6,321     $ (28,419 )

Foreign:

               

Current provision

  $ -     $ -  

Deferred provision (benefit)

    -       -  
    $ -     $ -  

Income tax expense benefit

  $ 6,321     $ (139,380 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   

Year Ended December 31,

 
   

2024

   

2023

 

Expected federal statutory rate

    21.0 %     21.0 %

State income taxes, net of federal benefit

    6.1 %     6.1 %

Valuation allowance

    (21.9 )%     (17.1 )%

Permanent items

    (1.0 )%     0.0 %

Other

    (4.2 )%     (6.9 )%
      (0.0 )%     3.1 %