ACCOUNTS RECEIVABLE

6 Months Ended

Jun. 30, 2026

NOTE 6 – ACCOUNTS RECEIVABLE

Accounts receivable consisted of the following as of June 30, 2026 and December 31, 2025:

	2026			2025
Accounts receivable	$	922,680		$	923,065
Less allowance for doubtful accounts		(50,000	)		-
Subtotal		872,680			923,065
As described in Note 4, Basis of Presentation and Summary of Significant Accounting Policies - Discontinued Operations, the receivables associated with USS are reported in the Assets of Discontinued Operations caption on the balance sheet.		-			(77,515	)
Accounts receivable, net	$	872,680		$	845,550

Two clients represented 10% and 11% of the total accounts receivable outstanding as of June 30, 2026 and no client represented more than 10% of revenues for the three and six months then ended. No individual client represented more than 10% of the total accounts receivable outstanding as of December 31, 2025 nor did any represent more than 10% of revenues for the three and six months ended June 30, 2025.

Bad debt expense was $50,000 for the three and six months ended June 30, 2026 and zero for the three and six months ended June 30, 2025.