Blackboxstocks(BLBX) - 2023 Q4 - Annual Report

Use of Estimates Derivative Financial Instruments Software Development Costs Management evaluates the probability of the realization of its deferred income tax assets. Management determined that because the Company has not yet generated taxable income, it is unlikely that a tax benefit will be realized from these operating loss carry forwards. Accordingly, the deferred income tax asset is offset by a full valuation allowance. During the period ended December 31, 2022, the Company calculated the fair value o ...