v3.26.1
RETURN LIABILITIES
3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
RETURN LIABILITIES

NOTE 9 — RETURN LIABILITIES

 

The following table shows changes in the Company’s return liabilities:

 

 

  

March 31, 2026

(unaudited)

   December 31, 2025 
Beginning balance  $12,166   $261,588 
Actual recognized products return   (84,053)   (542,978)
Accruals for product return liabilities   83,325    293,556 
Ending balance  $11,438   $12,166 

 

 

MASSIMO GROUP AND SUBSIDIARIES

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)