NOTE 9 – CONTRACT LIABILITIES
Contract liabilities consist of the following:
SCHEDULE OF CONTRACT LIABILITIES
| | |
2024 | | |
2023 | |
| | |
December 31, | |
| | |
2024 | | |
2023 | |
| | |
| | |
| |
| Balance at beginning of year | |
$ | 996,526 | | |
$ | 867,132 | |
| Additions | |
| 886,737 | | |
| 847,945 | |
| Recognized to revenue during the year | |
| (1,353,286 | ) | |
| (721,180 | ) |
| Exchange adjustment | |
| 3,506 | | |
| 2,629 | |
| Balance at end of year | |
$ | 533,483 | | |
$ | 996,526 | |
|