| DEFERRED REVENUE |
NOTE
7: DEFERRED REVENUE
For
the years ended December 31, 2024 and 2023,
changes in deferred revenue were as follows:
SCHEDULE
OF CHANGES IN DEFERRED REVENUE
| | |
December 31, 2024 | | |
December 31, 2023 | |
| Balance, beginning of year | |
$ | 1,823,569 | | |
$ | 2,493,151 | |
| Deferral of revenue | |
| 3,053,183 | | |
| 1,912,729 | |
| Recognition of deferred revenue | |
| (2,571,299 | ) | |
| (2,582,311 | ) |
| Balance, end of year | |
$ | 2,305,453 | | |
$ | 1,823,569 | |
As
of December 31, 2024 and 2023, is classified as follows:
SCHEDULE
OF DEFERRED REVENUE
| | |
December 31, 2024 | | |
December 31, 2023 | |
| Current | |
$ | 1,591,326 | | |
$ | 1,627,572 | |
| Non-current | |
| 714,127 | | |
| 195,997 | |
| Balance, end of year | |
$ | 2,305,453 | | |
$ | 1,823,569 | |
|