Taxes (Tables)

12 Months Ended

Dec. 31, 2023

	For the Year Ended December 31, 2023			For the Year Ended December 31, 2022
U.S. federal statutory rate		21.0	%		21.0	%
State taxes		9.8	%		(2.6	)%
Deferred tax asset adjustments		4.3	%		0.1	%
Non-deductible amortization of debt discount	-		%		(20.9	)%
Other non-deductible items		1.9	%	-		%
Non-taxable change in profit share liability		41.7	%		(10.8	)%
Change in valuation allowance		(70.3	)%		12.0	%
Income tax provision		8.4	%		(1.2	)%

	2023			2022
Deferred tax assets:
Net operating loss carryforwards	$	2,751,000		$	6,495,000
Stock based compensation		1,517,000			2,008,000
Other		186,000			23,000
Total deferred tax assets		4,454,000			8,526,000
Deferred tax liabilities:
Property and equipment		-			(1,000	)
Intangible assets		-			(98,000	)
Total deferred tax liabilities		-			(99,000	)

Valuation Allowance		(4,454,000	)		(8,427,000	)

Net deferred tax asset	$	-		$	-