v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Deferred Revenue

Deferred revenue for the six months ended June 30, 2025 was as follows:

 

Balance as of January 1, 2025

$

935

 

Additions

 

3,929

 

Recognized as revenue

 

(3,929

)

Balance as of June 30, 2025

$

935

 

Other Assets

Other Assets: Other assets is comprised of the following:

 

 

June 30,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Lease security deposit

 

$

625,000

 

 

$

625,000

 

Spare machine parts

 

 

646,355

 

 

 

603,399

 

Total Other Assets

 

$

1,271,355

 

 

$

1,228,399