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NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Concentration of Credit Risk (Policies)
3 Months Ended
Mar. 31, 2025
Policies  
Concentration of Credit Risk

Concentration of Credit Risk

 

The Company’s financial instruments that are exposed to a concentration of credit risk are cash and accounts receivable.  Generally, the Company’s cash and cash equivalents in interest-bearing accounts may exceed FDIC insurance limits. The financial stability of these institutions is periodically reviewed by senior management.

 

As of March 31, 2025, and December 31, 2024, the Company maintained $5,384,827 and $4,428,781 in foreign bank accounts at high credit quality financial institutions.

 

The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.