v3.26.1
Concentration on Revenues and Cost of Goods Sold
 3 Months Ended
Mar. 31, 2026
Concentration on Revenues and Cost of Goods Sold [Abstract]  
CONCENTRATION ON REVENUES AND COST OF GOODS SOLD

NOTE 4 – CONCENTRATION ON REVENUES AND COST OF GOODS SOLD

 

Concentration of major customers and suppliers:

 

   For the three months ended March 31, 
   2026   2025 
Major customers representing more than 10% of the Company’s revenues                
Company A  $4,261,930    16.69%  $3,852,468    17.77%
Total Revenues  $4,261,930    16.69%  $3,852,468    17.77%

 

   As of 
   March 31, 2026   December 31, 2025 
Major customers of the Company’s accounts receivable, net                
Company A   4,256,213    16.44%   1,745,719    10.12%
Company B   2,045,479    7.90%   1,939,540    11.24%
Company C   1,329,210    5.14%   592,957    3.44%
Company D   1,251,819    4.84%   681,865    3.95%
Company E   1,192,724    4.61%   1,380,095    8.00%
Company F   938,393    3.63%   723,683    4.19%
Company G   877,115    3.39%   1,766,799    10.24%
Total  $11,890,953    45.95%  $8,830,658    51.18%

 

Accounts receivable from the Company’s major customers accounted for 45.95% and 51.18% of total accounts receivable balances as of March 31, 2026 and December 31, 2025, respectively.

 

There were no suppliers representing more than 10% of the Company’s total purchases for the three months ended March 31, 2026 and 2025, respectively.