v3.26.1
DEFERRED INCOME
3 Months Ended
Mar. 31, 2026
Notes and other explanatory information [abstract]  
DEFERRED INCOME

11. DEFERRED INCOME

 

At times, the Company may take payment in advance for services to be rendered. These amounts are held and recognized as services are rendered.

 

   March 31, 2026   December 31, 2025 
Deferred, revenue beginning  $209,748   $86,681 
Revenue recognized   (65,364)   (90,781)
Unearned revenues received   67,960    223,426 
Foreign exchange   1,747    (9,577)
Deferred income gross  $214,091   $209,749 
Current portion  $176,663   $165,237 
Long term portion   37,428    44,512 
Deferred Income net  $214,091   $209,749 

 

Deferred revenue of $176,663 as of March 31, 2026 is expected to be recognized as revenue within one year. The remaining is related to long-term support and maintenance arrangements and will be recognized according to the terms of these arrangements over the next 1.9 years.