v3.26.1
Concentration on Revenues and Cost of Goods Sold
 6 Months Ended
Jun. 30, 2026
Concentration on Revenues and Cost of Goods Sold [Abstract]  
CONCENTRATION ON REVENUES AND COST OF GOODS SOLD

NOTE 4 – CONCENTRATION ON REVENUES AND COST OF GOODS SOLD

 

Concentration of major customers and suppliers:

 

    For the six months ended June 30,  
    2026     2025  
Major customers representing more than 10% of the Company’s revenues                        
Company A   $ 7,743,465       13.97 %   $ 7,087,393       16.33 %
Total Revenues   $ 7,743,465       13.97 %   $ 7,087,393       16.33 %

 

    As of  
    June 30, 2026     December 31, 2025  
Major customers of the Company’s accounts receivable, net                        
Company A     4,461,105       14.64 %     1,745,719       10.12 %
Company B     2,232,414       7.33 %     1,766,799       10.24 %
Company C     2,185,722       7.17 %     1,939,540       11.24 %
Company D     1,991,135       6.53 %     1,380,095       8.00 %
Company E     1,246,249       4.09 %     674,609       3.91 %
Company F     1,211,894       3.98 %     723,683       4.19 %
Company G     1,179,591       3.87 %     717,674       4.16 %
Total   $ 14,508,110       47.61 %   $ 8,948,119       51.86 %

 

Accounts receivable from the Company’s major customers accounted for 47.61% and 51.86% of total accounts receivable balances as of June 30, 2026 and December 31, 2025, respectively.

 

There were no suppliers representing more than 10% of the Company’s total purchases for the six months ended June 30, 2026 and 2025, respectively.