v3.26.1
ACCOUNTS RECEIVABLE
3 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE

 

   March 31, 2026   December 31, 2025 
Accounts Receivable  $32,582   $39,406 
Accounts Receivable Related Party   2,350,797    2,350,797 
Total  $2,383,379   $2,390,203 

 

Our Accounts Receivable is pledged to Nations Interbanc, our line of credit.

 

   March 31, 2026   December 31, 2025 
Long-term financing receivables  $-   $217,584 
Less Reserve for uncollectable accounts   -    (217,584)
Long-term financing receivables - net  $-   $- 

 

The Company is currently modifying the assets subject to lease to meet the provisions of the agreement, and as of March 31, 2026 any collection on the lease payments was not yet considered probable, resulting in no derecognition of the underlying asset and no net lease investments recognized on the sales-type lease pursuant to ASC 842-30-25-3.

 

On a contract by contract basis or projects that require extensive work from multiple contractors or supply chain challenges or in response to certain situations or installation difficulties, the Company may elect to allow non-interest bearing repayments in excess of 1 year.

 

Our long - term financing Receivable are pledged to Nations Interbanc, our line of credit.