v3.25.2
CONCENTRATION OF CREDIT RISK
6 Months Ended
Jun. 30, 2025
Risks and Uncertainties [Abstract]  
CONCENTRATION OF CREDIT RISK

NOTE 19 – CONCENTRATION OF CREDIT RISK

 

Cash Deposits

 

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash deposits. Accounts at each institution are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. As of June 30, 2025 and December 31, 2024, the Company had approximately $8,904,000 and $9,662,000, respectively, in excess of the FDIC insured limit.