v3.25.2
CONCENTRATION OF RISK
 12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
CONCENTRATION OF RISK

11. CONCENTRATION OF RISK

 

Customer Concentration

 

For the year ended December 31, 2024, the Company generated total revenue of $246,466, of which two customers accounted for more than 10% of the Company’s total revenue.

 

For the year ended December 31, 2023, the Company generated total revenue of $510,235, of which no customer accounted for more than 10% of the Company’s total revenue.

 

   For years December 31 
   2024   2023   2024   2023   2024   2023 
   Revenues   Percentage of revenues   Accounts
receivable, trade		 
                         
Customer A  $48,242    -    20%   -    -    - 
Customer B  $32,161    -    13%   -    -    - 
Others  $166,063   $510,235    67%   100%   -    - 
Total  $246,466   $510,235    100%   100%  $-   $- 

 

Vendor Concentration

 

For the year ended December 31, 2024, the Company incurred cost of revenue of $69,519, of which two suppliers account for more than 10% of the incurred cost of revenue.

 

For the year ended December 31, 2023, the Company incurred cost of revenue of $69,079, of which two suppliers account for more than 10% of the incurred cost of revenue.

 

   For year ended December 31 
   2024   2023   2024   2023   2024   2023 
   Cost of revenue  

Percentage of

Cost of revenue

  

Accounts

payable, trade

 
                               
Vendor A   $25,853   $33,677    37%   49%  $-   $- 
Vendor B   $11,979   $14,765    17%   21%   -    - 
                               
Others   $31,687   $20,637    46%   30%   -   $12,597 
Total  $69,519   $69,079    100%   100%  $-   $12,597