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

ACCOUNTS RECEIVABLE

v3.25.1
ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE

 

Accounts receivable were as follows at December 31, 2024 and 2023:

           
    December 31,
2024
    December 31,
2023
 
Accounts receivable   $ 479,478     $ 1,462,463  
Allowance for credit losses     (76,037 )      
Accounts Receivable, net   $ 403,441     $ 1,462,463  

 

The Company recorded bad debt expense in the amount of $76,037 and zero for the years ended December 31, 2024 and December 31, 2023, respectively.

 

A summary of the activity related to our allowance for credit losses during the year ended December 31, 2024 is summarized below. 

 Schedule of allowance for doubtful accounts      
    Amounts  
Allowance for doubtful accounts, beginning balance   $  
Allowance for doubtful accounts provision     (76,037 )
Less recoveries      
Allowance for doubtful accounts, ending balance   $ (76,037 )