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

INCOME TAXES (Tables)

v3.25.1
INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2024
Income Tax Disclosure [Abstract]  
SCHEDULE OF EFFECTIVE INCOME TAX RATE TO THE FEDERAL STATUTORY RATE

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

   

    2024     2023  
    Years Ended December 31,  
    2024     2023  
Federal income tax rate     (21 )%     (21 )%
State tax, net of federal benefit     (7 )%     (7 )%
Valuation allowance     28 %     28 %
Effective income tax rate     - %     - %
SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

   

   

December 31, 2024

    

December 31, 2023

  
Deferred tax assets:                
Inventory valuation   $ 1,300     $ 977  
Accrued liabilities     243       256  
Capitalized R&D    

463

       -  
Operating lease liability     520       834  
Net operating loss carryforwards     6,233       5,065  
Gross deferred tax assets     8,759       7,132  
Valuation allowance     (8,250 )     (6,737 )
Total deferred tax assets     509       395  
Deferred tax liabilities:                
Operating lease right-of-use asset, net     (461 )     (395 )
Depreciation     (48 )     -  
Total deferred tax liabilities     (509 )     (395 )
Net deferred tax asset (liability)   $ -     $ -