SCHEDULE OF CONTRACT ASSETS (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2024 |
Dec. 31, 2023 |
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Contract Assets Net | ||
Balance at the beginning of the year | $ 1,650,750 | $ 1,037,458 |
Additions | 1,513,001 | 2,184,620 |
Changes due to billings | (3,100,436) | (1,507,860) |
Less: contra-allowance / (allowance) for expected credit loss | 43,919 | (67,861) |
Exchange adjustment | 2,021 | 4,393 |
Balance at the end of the year | $ 109,255 | $ 1,650,750 |
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- Definition Contract with customer asset allowance addition. No definition available.
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- Definition Contract with customer asset allowance for credit loss exchange adjustment. No definition available.
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- References No definition available.
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- Definition Increase decrease in billing. No definition available.
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- Definition Amount of expense (reversal of expense) for expected credit loss on accounts receivable from change in methodology. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after allowance for credit loss, of right to consideration in exchange for good or service transferred to customer when right is conditioned on something other than passage of time, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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