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

4. ACCOUNTS RECEIVABLE  

 

At March 31, 2026 and December 31, 2025, the Company’s accounts receivable, net consisted of the following:

 

    March 31,
2026
    December 31,
2025
 
Billed Construction services   $ 707,056     $ 719,016  
Less: allowance for credit losses     (401,774 )     (401,774 )
Total net receivables   $ 305,282     $ 317,242  

 

Changes in the Company’s allowance for credit losses for the three months ended March 31, 2026 and the year ended December 31, 2025 consisted of the following:

 

    Three Months
Ended
March 31,
2026
    Year
Ended
December 31,
2025
 
Beginning balance   $ 401,774     $ 266,795  
Recoveries of credit losses            
Additional credit losses recognized           134,979  
Total allowance for credit losses   $ 401,774     $ 401,774