Duos Technologies Group, Inc. General form for registration of securities under the Securities Act of 1933

REVENUE AND CONTRACT ACCOUNTING (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2025

Dec. 31, 2024

Schedule of contracts assets on uncompleted contracts
	March 31, 2025			December 31, 2024
Cumulative revenues recognized	$	9,981,445		$	9,916,761
Less: Billings or cash received		(9,280,987	)		(9,280,987	)
Contract assets	$	700,458		$	635,774

Schedule of contract liabilities on uncompleted contracts
	March 31, 2025			December 31, 2024
Billings and/or cash receipts on uncompleted contracts	$	1,264,658		$	1,264,658
Less: Cumulative revenues recognized		(861,024	)		(861,024	)
Contract liabilities, technology systems		403,634			403,634
Contract liabilities, services and consulting		9,964,218			11,401,384
Total contract liabilities, current		10,367,852			11,805,018
Total contract liabilities, non-current	$	9,563,888		$	11,016,134

Contract Liabilities Current


	March 31, 2025		December 31, 2024
Total contract liabilities, current	$	3,001,352	$	3,188,518
Total contract liabilities, current – related parties		7,366,500		8,616,500
Total contract liabilities, current	$	10,367,852	$	11,805,018

Contract Liabilities Non-Current


	March 31, 2025		December 31, 2024
Total contract liabilities, non-current	$	6,851,513	$	7,399,634
Total contract liabilities, non-current – related parties		2,712,375		3,616,500
Total contract liabilities, non-current	$	9,563,888	$	11,016,134


	2024			2023
Billings and/or cash receipts on uncompleted contracts	$	1,264,658		$	1,264,658
Less: Cumulative revenues recognized		(861,024	)		(199,976	)
Contract liabilities, technology systems, current	$	403,634		$	1,064,682
Contract liabilities, services and consulting, current		11,401,384			601,561
Total contract liabilities, current	$	11,805,018		$	1,666,243
Total contract liabilities, services and consulting, non-current	$	11,016,134		$	—

Schedule of balance in contract liabilities non-monetary transaction
Calendar Year		Amount
	2025	$	1,644,363
	2026		2,192,484
	2027		2,192,484
	2028		2,192,484
	2029		822,181
	Total Contract Liabilities	$	9,043,996

Schedule of balance in contract liabilities non-monetary transaction
Calendar Year		Amount
	2025	$	2,192,484
	2026		2,192,484
	2027		2,192,484
	2028		2,192,484
	2029		822,182
	Total Contract Liabilities	$	9,592,118

Schedule of balance in contract liabilities
Calendar Year		Amounts
	2025	$	2,712,375
	2026		3,616,500
	Contract Liability	$	6,328,875

Schedule of disaggregation of revenue
Segments	Technologies		Data Center Hosting & Related Services		Asset Management		Total
Primary Geographical Markets

North America	$	1,037,435	$	—	$	3,914,750	$	4,952,185

Major Goods and Service Lines

Turnkey Projects	$	64,684	$	—	$	—	$	64,684
Maintenance and Support		972,751		—		3,914,750		4,877,501
	$	1,037,435	$	—	$	3,914,750	$	4,952,185

Timing of Revenue Recognition

Goods transferred over time	$	64,684	$	—	$	—	$	64,684
Services transferred over time		972,751		—		3,914,750		4,887,501
	$	1,037,435	$	—	$	3,914,750	$	4,952,185

For the Three Months Ended March 31, 2024


Segments	Technologies		Data Center Hosting & Related Services		Asset Management		Total
Primary Geographical Markets

North America	$	1,070,680	$	—	$	—	$	1,070,680

Major Goods and Service Lines

Turnkey Projects	$	269,855	$	—	$	—	$	269,855
Maintenance and Support		800,825		—		—		800,825
	$	1,070,680	$	—	$	—	$	1,070,680

Timing of Revenue Recognition

Goods transferred over time	$	269,855	$	—	$	—	$	269,855
Services transferred over time		800,825		—		—		800,825
	$	1,070,680	$	—	$	—	$	1,070,680

Schedule of disaggregation of revenue
Segments	Rail		Commercial		Government		Artificial Intelligence		Total
Primary Geographical Markets

North America	$	5,696,931	$	921,562	$	—	$	662,392	$	7,280,885

Major Goods and Service Lines

Turnkey Projects	$	2,252,357	$	—	$	—	$	—	$	2,252,357
Maintenance and Support		3,444,574		921,562		—		—		4,366,136
Algorithms		—		—		—		662,392		662,392
	$	5,696,931	$	921,562	$	—	$	662,392	$	7,280,885

Timing of Revenue Recognition

Goods transferred over time	$	2,252,357	$	—	$	—	$	—	$	2,252,357
Services transferred over time		3,444,574		921,562		—		662,392		5,028,528
	$	5,696,931	$	921,562	$	—	$	662,392	$	7,280,885

Quantitative:

For the Year Ended December 31, 2023


Segments	Rail		Commercial		Government		Artificial Intelligence		Total
Primary Geographical Markets
North America	$	6,261,748	$	78,575	$	11,353	$	1,119,522	$	7,471,198

Major Goods and Service Lines
Turnkey Projects	$	3,616,334	$	1,694	$	—	$	—	$	3,618,028
Maintenance and Support		2,645,414		76,881		11,353		—		2,733,648
Data Center Auditing Services		—		—		—		—		—
Software License		—		—		—		—		—
Algorithms		—		—		—		1,119,522		1,119,522
	$	6,261,748	$	78,575	$	11,353	$	1,119,522	$	7,471,198

Timing of Revenue Recognition
Goods transferred over time	$	3,616,334	$	1,694	$	—	$	—	$	3,218,028
Services transferred over time		2,645,414		76,881		11,353		1,119,522		3,853,170
	$	6,261,748	$	78,575	$	11,353	$	1,119,522	$	7,471,198