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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Summary of Effective Income Tax Rate

The difference between the effective income tax rate and the applicable statutory federal income tax rate is summarized as follows:

 

    2023     2022  
Statutory federal rate     -21.0 %     -21.0 %
State income tax rate, net of federal benefit     -3.6 %     -3.6 %
Permanent differences, including stock-based compensation and impairment of acquired assets     8.6 %     8.6 %
Change in valuation allowance     16.0 %     16.0 %
Effective tax rate     0.0 %     0.0 %
Summary of Deferred Tax Assets

At June 30, 2023 and December 31, 2022, the Company’s deferred tax assets were as follows:

 

 

   June 30, 2023   December 31, 2022 
Tax benefit of net operating loss carry forward  $5,170,801   $4,248,077 
less valuation allowance   (5,170,801)   (4,248,077)
Net deferred tax assets  $-   $- 
Schedule of Net Operating Loss Carryover Loss

2013   $84,206    2023 
2014    494,301    2024 
2015    680,549    2025 
2016    651,537    2026 
2017    1,239,493    2027 
2018    1,843,498    Indefinite 
2019    48,201    Indefinite 
2020    140,808    Indefinite 
2021    9,262,185    Indefinite 
2022    2,823,829    Indefinite 
2023    3,750,911    Indefinite 
    $21,019,518