v3.26.1
CONTRACTS IN PROCESS (Tables)
6 Months Ended
Jun. 30, 2026
CONTRACTS IN PROCESS  
Schedule of unbilled accounts receivable for web design and services

 

 

June 30,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Costs on uncompleted contracts

 

$607,971

 

 

$542,892

 

Estimated earnings

 

 

422,749

 

 

 

737,686

 

Total costs and estimated profits on uncompleted contracts

 

 

1,030,720

 

 

 

1,280,578

 

Add: unbilled amounts on completed contracts

 

 

46,934

 

 

 

2,735

 

Less: Progress billings

 

 

(1,057,736 )

 

 

(1,535,898 )

Unbilled accounts receivables (deferred revenues), net

 

$19,918

 

 

$(252,585 )
Schedule of assets and liability position for contract in process

 

 

June 30,

2026

 

 

December 31,

2025

 

Unbilled accounts receivable costs and estimated earnings in excess of billings on uncompleted contracts

 

$82,570

 

 

$58,766

 

Deferred revenues - Billings in excess of costs and estimated earnings on uncompleted contracts

 

 

(62,652 )

 

 

(311,351 )

Unbilled accounts receivables (deferred revenues), net

 

$19,918

 

 

$(252,585 )