| Schedule of Contract Asset |
The following
table summarizes the change in the contract asset for the three and six months ended June 30, 2026:
Schedule
of Contract Asset
| | |
Stand-ready
guarantee | | |
Financial
indemnification | | |
Total | |
| Balance, December 31, 2025 | |
$ | 2,049,599 | | |
$ | 1,048,101 | | |
$ | 3,097,700 | |
| Amortization | |
| (85,401 | ) | |
| (43,671 | ) | |
| (129,072 | ) |
| Balance, March 31, 2026 | |
| 1,964,198 | | |
| 1,004,430 | | |
| 2,968,628 | |
| Amortization | |
| (85,401 | ) | |
| (43,671 | ) | |
| (129,072 | ) |
| Balance, June 30, 2026 | |
$ | 1,878,797 | | |
$ | 960,759 | | |
$ | 2,839,556 | |
|