SHORT-TERM AND LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

SCHEDULE OF SHORT-TERM DEBT

The short-term debt balances were as follows:

	September 30, 2024 (UNAUDITED)		December 31, 2023 (UNAUDITED)
Loan from Shanghai Bank at 1%-3.2% interest rate per annum. Due in January 2024 and January 2025.		31,497		88,032
Loan from HuaNam Bank at 3.4% interest rate per annum. Due in May 2024 and December 2024.		94,491		97,777
Loan from ChangHwa Bank at 3.3% interest rate per annum. Due in November 2024.		157,485		162,962
Balance at end of period	$	283,473	$	348,771

SCHEDULE OF LONG-TERM DEBT

Long-term debt balances were as follows:

	September 30, 2024 (UNAUDITED)			December 31, 2023 (UNAUDITED)
Loans from Shanghai Bank with interest rates 2.09% per annum due January 2029		545,948			-
Current Maturities of Long-term debt (classified under Current Liabilities)		(125,988	)		-
Balance at end of period	$	419,960		$	-

SCHEDULE OF LONG TERM DEBT MATURITIES

Annual maturities of long-term debt during the next five years are as follows:	Amount Maturity
October 1, 2024 – December 31, 2024	$	34,607
2025		125,227
2026		125,227
2027		125,227
2028		125,227
2029		10,433
Total	$	545,948