v3.26.3
Concentration on Revenues and Cost of Goods Sold
 9 Months Ended
Sep. 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 nine months ended September 30,  
    2026     2025  
Major customers representing more than 10% of the Company’s revenues                        
Company A   $ 10,694,876       13.32 %   $ 10,229,593       15.31 %
Total Revenues   $ 10,694,876       13.32 %   $ 10,229,593       15.31 %

 

    As of  
    September 30, 2026     December 31, 2025  
Major customers of the Company’s accounts receivable, net                        
Company A     3,766,603       13.93 %     1,745,719       10.12 %
Company B     2,160,384       7.99 %     1,939,540       11.24 %
Company C     2,088,549       7.73 %     1,380,095       8.00 %
Company D     1,748,981       6.47 %     1,766,799       10.24 %
Company E     1,235,369       4.57 %     717,674       4.16 %
Company F     1,187,334       4.39 %     681,865       3.95 %
Company G     842,737       3.12 %     279,428       1.62 %
Total   $ 13,029,957       48.20 %   $ 8,511,120       49.33 %

 

Accounts receivable from the Company’s major customers accounted for 48.20% and 49.33% of total accounts receivable balances as of September 30, 2026 and December 31, 2025, respectively.

 

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