v3.25.3
PREPAID EXPENSES
9 Months Ended
Sep. 30, 2025
PREPAID EXPENSES  
PREPAID EXPENSES

NOTE 5 – PREPAID EXPENSES

 

The balances of prepaid expenses are $963,940 and $955,456 as of September 30, 2025, and December 31, 2024, respectively. The components of prepaid expenses are as follows:

 

Description

 

As of September 30, 2025

 

 

As of December 31, 2024

 

Prepayments to suppliers

 

$13,692

 

 

$39,239

 

Prepaid payroll expense

 

 

5,680

 

 

 

4,557

 

Prepaid rent

 

 

17,675

 

 

 

12,475

 

Prepaid license

 

 

190,845

 

 

 

443,355

 

Prepaid sponsorship/advertising

 

 

335,560

 

 

 

363,835

 

Prepaid cash rewards

 

 

110,354

 

 

 

68,659

 

Other prepayments

 

 

290,134

 

 

 

23,336

 

Total prepaid assets

 

$963,940

 

 

$955,456