| SCHEDULE OF CONCENTRATIONS OF CREDIT RISK |
SCHEDULE
OF CONCENTRATIONS OF CREDIT RISK
| | |
As
of December 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
% of | | |
| | |
% of | |
| | |
Amount | | |
Total | | |
Amount | | |
Total | |
| A | |
$ | 1,430,091 | | |
| 46.02 | % | |
$ | -* | | |
| -* | % |
| B | |
| 408,501 | | |
| 13.15 | % | |
| -* | | |
| -* | % |
| C | |
| 320,316 | | |
| 10.31 | % | |
| -* | | |
| -* | % |
| D | |
| -* | | |
| -* | % | |
| 795,879 | | |
| 52.82 | % |
| E | |
| -* | | |
| -* | % | |
| 316,273 | | |
| 20.99 | % |
| Total | |
$ | 2,158,908 | | |
| 69.48 | % | |
$ | 1,112,152 | | |
| 73.81 | % |
The
following table sets forth information as to each customer that accounted for 10% or more of total revenue for the years ended December
31, 2025, 2024 and 2023.
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Customer | |
| | |
% of | | |
| | |
% of | | |
| | |
% of | |
| | |
Amount | | |
Total | | |
Amount | | |
Total | | |
Amount | | |
Total | |
| A | |
$ | 4,756,331 | | |
| 20.49 | % | |
$ | 4,612,959 | | |
| 21.77 | % | |
$ | 1,951,384 | | |
| 12.61 | % |
| B | |
| 2,347,173 | | |
| 10.11 | % | |
| 2,182,042 | | |
| 10.30 | % | |
| -* | | |
| -* | % |
| C | |
| -* | | |
| -* | % | |
| 2,151,473 | | |
| 10.15 | % | |
| -* | | |
| -* | % |
| D | |
| -* | | |
| -* | % | |
| -* | | |
| -* | % | |
| 1,611,111 | | |
| 10.41 | % |
| Total | |
$ | 7,103,504 | | |
| 30.60 | % | |
$ | 8,946,474 | | |
| 42.22 | % | |
$ | 3,562,495 | | |
| 23.02 | % |
The following table sets forth information
as to each supplier that accounted for 10% or more of accounts payable as of December 31, 2025 and 2024:
| | |
As of
December 31, | |
| | |
2025 | | |
2024 | |
| Suppliers | |
| | |
% of | | |
| | |
% of | |
| | |
Amount | | |
Total | | |
Amount | | |
Total | |
| A | |
$ | 414,586 | | |
| 23.44 | % | |
$ | 417,196 | | |
| 18.81 | % |
| B | |
| 338,416 | | |
| 19.14 | % | |
| 324,219 | | |
| 14.62 | % |
| C | |
| 222,980 | | |
| 12.61 | % | |
| -* | | |
| -* | % |
| D | |
| -* | | |
| -* | % | |
| 724,946 | | |
| 32.69 | % |
| E | |
| -* | | |
| -* | % | |
| 273,999 | | |
| 12.35 | % |
| Total | |
$ | 975,982 | | |
| 55.19 | % | |
| 1,740,360 | | |
| 78.47 | % |
| * |
represented the percentage below 10% |
16. CONCENTRATIONS – continued
There following table sets forth information
as to each supplier that accounted for 10% or more of total purchase during the years ended December 31, 2025, 2024 and 2023:
| | |
Year Ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Suppliers | |
| | |
% of | | |
| | |
% of | | |
| | |
% of | |
| | |
Amount | | |
Total | | |
Amount | | |
Total | | |
Amount | | |
Total | |
| A | |
$ | -* | | |
| -* | % | |
$ | 3,808,157 | | |
| 16.99 | % | |
$ | -* | | |
| -* | % |
| B | |
| -* | | |
| -* | % | |
| 2,471,212 | | |
| 11.02 | % | |
| 1,706,583 | | |
| 11.95 | % |
| | |
| -* | | |
| -* | % | |
| -* | | |
| -* | % | |
| 2,607,552 | | |
| 18.25 | % |
| Total | |
$ | -* | | |
| -* | % | |
| 6,279,369 | | |
| 28.01 | % | |
$ | 4,314,135 | | |
| 30.20 | % |
| * |
represented
the percentage below 10% |
|