SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Accounting Policies [Abstract] |
|
| SCHEDULE OF ALLOWANCE FOR CREDIT LOSSES |
SCHEDULE OF ALLOWANCE FOR CREDIT LOSSES
| | |
2025 | | |
2024 | |
| Beginning
balance | |
$ | 64,000 | | |
$ | 378,695 | |
| Provision
(recovery) for credit losses | |
| 230,190 | | |
| (131,000 | ) |
| Related
allowances for written off accounts receivable | |
| (152,568 | ) | |
| (183,695 | ) |
| Reversal
of allowance related to reinstated invoices previously charged off | |
| (82,000 | ) | |
| - | |
| Others | |
| 2,053 | | |
| - | |
| Ending
balance | |
$ | 61,675 | | |
$ | 64,000 | |
|
| SCHEDULE OF CONCENTRATION OF RISK |
The
Company has several customers as of December 31, 2025 and 2024 that make up in excess of 10% of revenue as follows:
SCHEDULE
OF CONCENTRATION OF RISK
| Customer | |
2025 | | |
2024 | |
| 1 | |
| 58 | % | |
| 51 | % |
| 2 | |
| 0 | % | |
| 18 | % |
| 3 | |
| 10 | % | |
| 13 | % |
| 4 | |
| 11 | % | |
| 0 | % |
The
Company has several customers as of December 31, 2025 and 2024 that make up in excess of 10% of accounts receivable as follows:
| Customer | |
2025 | | |
2024 | |
| 1 | |
| 13 | % | |
| 14 | % |
| 2 | |
| 0 | % | |
| 48 | % |
| 3 | |
| 0 | % | |
| 25 | % |
| 4 | |
| 48 | % | |
| 0 | % |
| 5 | |
| 11 | % | |
| 0 | % |
The
Company has several vendors as of December 31, 2025 and 2024 that make up in excess of 10% of accounts payable as follows:
| Vendor | |
2025 | | |
2024 | |
| 1 | |
| 29 | % | |
| 60 | % |
| 2 | |
| 17 | % | |
| 26 | % |
The
Company has several vendors as of December 31, 2025 and 2024 that make up equal to or more than 10% of services rendered to us as follows:
| Vendor | |
2025 | | |
2024 | |
| 1 | |
| 12 | % | |
| 10 | % |
| Concentration risk percentage | |
| 12 | % | |
| 10 | % |
|
| SCHEDULE OF INVENTORY |
SCHEDULE
OF INVENTORY
| |
|
December
31, 2025 |
|
|
December
31, 2024 |
|
| Raw
materials |
|
$ |
243,285 |
|
|
$ |
158,362 |
|
|
| SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES |
The
Company depreciates and amortizes the capitalized cost of these assets, using the straight-line method as follows:
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES
Asset
Classification:
Computer
equipment 3-5 years
Furniture
and fixtures 5-8 years
Leasehold
Improvements Limited to lease term
|
| SCHEDULE OF DISAGGREGATED REVENUES |
The
following table presents our disaggregated revenues by distribution channel:
SCHEDULE OF DISAGGREGATED REVENUES
| Sales by distribution channel: | |
2025 | | |
2024 | |
| Emergency
preparedness | |
$ | 3,980,109 | | |
$ | 3,798,832 | |
| Specialty
packaging | |
| 1,743,069 | | |
| 2,764,580 | |
| Total | |
$ | 5,723,178 | | |
$ | 6,563,412 | |
| Revenue | |
$ | 5,723,178 | | |
$ | 6,563,412 | |
Emergency preparedness
| Sales by customer
type: | |
2025 | | |
2024 | |
| Governmental | |
$ | 4,518,829 | | |
$ | 3,938,480 | |
| Non-governmental | |
| 1,204,349 | | |
| 2,624,932 | |
| Total | |
$ | 5,723,178 | | |
$ | 6,563,412 | |
| Revenue | |
$ | 5,723,178 | | |
$ | 6,563,412 | |
|
| SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE |
The
following table sets forth the number of potential shares of common stock that have been excluded from diluted net loss per share because
their effect was anti-dilutive for the year ended December 31,2025 and 2024:
SCHEDULE
OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE
| | |
December
31, 2025 | | |
December
31, 2024 | |
| Stock
Options | |
| 1,187,500 | | |
| - | |
| Restricted
Stock Awards | |
| 475,000 | | |
| - | |
| Stock
Warrants | |
| 72,179 | | |
| - | |
| Total | |
| 1,734,679 | | |
| - | |
|
| SCHEDULE OF DERIVATIVE LIABILITY |
The
derivative liability is valued using a Monte Carlo simulation model utilizing a variety of inputs and assumptions such as volatility,
risk-free rates, volume weighted average price and cash flow assumptions. This is considered a Level III valuation technique. Please
see Note 11, “Equity – Equity Line of Credit” for information on these assumptions and fair value of this derivative
liability as of December 31, 2025.
SCHEDULE OF DERIVATIVE LIABILITY
| | |
December
31, 2025 | | |
Markets
for Identical Assets or Liabilities (Level 1) | | |
Observable
Inputs
(Level 2) | | |
Unobservable
Inputs
(Level 3) | |
| Derivative
liability at fair value | |
$ | 371,216 | | |
$ | — | | |
$ | — | | |
$ | 371,216 | |
| Total
liability measured at fair value | |
$ | 371,216 | | |
$ | — | | |
$ | — | | |
$ | 371,216 | |
|