v3.26.3
NOTE 12 – PREPAYMENTS AND OTHER ASSETS
12 Months Ended
Dec. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
NOTE 12 – PREPAYMENTS AND OTHER ASSETS

NOTE 12 – PREPAYMENTS AND OTHER ASSETS

 

                 
   For the year ended December 31,
   2025  2024
       
Advances to suppliers  $3,347,251   $   
Deductible VAT   8,968       
Deposits   27,203    1,114 
Prepayments and other assets  $3,383,422   $1,114 

 

 

Advances to suppliers of $3,347,251 primarily relate to deposits for components, materials, and manufacturing services expected to be received and utilized within the next 12 months. Management monitors supplier performance and credit risk and evaluates advances for impairment if recovery becomes doubtful.