| CONCENTRATIONS |
NOTE 16 – CONCENTRATIONS
Major Customers
Details of customers which accounted for 10% or more of the Company’s
total revenues are as follows.
| | |
Six Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Customer A | |
$ | 39,866 | | |
| 5 | % | |
$ | 397,838 | | |
| 22 | % |
| Customer B | |
| - | | |
| - | % | |
| 424,606 | | |
| 23 | % |
| Total | |
$ | 39,866 | | |
| 5 | % | |
$ | 822,444 | | |
| 45 | % |
Details of customers which accounted for 10% or more of the Company’s
accounts receivable are as follows.
| | |
June 30, 2025 | | |
December 31, 2024 | |
| | |
(Unaudited) | | |
| |
| Customer A | |
$ | 1,506,630 | | |
| 55 | % | |
$ | 1,983,368 | | |
| 53 | % |
| Customer B | |
| 964,320 | | |
| 35 | % | |
| 1,425,890 | | |
| 38 | % |
| Total | |
$ | 2,470,950 | | |
| 90 | % | |
$ | 3,409,258 | | |
| 91 | % |
Major Suppliers
Details of suppliers which accounted for 10% or more of the Company’s
purchases are as follows.
| | |
Six Months Ended June 30, | |
| | |
2025 | | |
2024 | |
| | |
(Unaudited) | | |
(Unaudited) | |
| Supplier A | |
$ | 72,358 | | |
| 14 | % | |
$ | 191,133 | | |
| 29 | % |
| Supplier B | |
| 59,123 | | |
| 11 | % | |
| 17,149 | | |
| 3 | % |
| Supplier C | |
| 43,739 | | |
| 8 | % | |
| 79,751 | | |
| 12 | % |
| Supplier D | |
| - | | |
| - | % | |
| 75,810 | | |
| 11 | % |
| Total | |
$ | 175,220 | | |
| 33 | % | |
$ | 346,694 | | |
| 55 | % |
Details of suppliers which accounted for 10% or more of the Company’s
accounts payable are as follows.
| | |
June 30, 2025 | | |
December 31, 2024 | |
| | |
(unaudited) | | |
| |
| Supplier B | |
$ | 22,898 | | |
| 11 | % | |
$ | 8,149 | | |
| 3 | % |
| Total | |
$ | 22,898 | | |
| 11 | % | |
$ | 8,149 | | |
| 3 | % |
|