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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
SCHEDULE OF PROPERTY PLANT AND EQUIPMENT ESTIMATED USEFUL LIFE

 

Property and Equipment, net Categories  Estimated Useful Life
Tractors and trailers  15 Years
Containers  25 Years
Equipment  10 Years
Leasehold improvements  5 Years
SCHEDULE OF FINITE LONG-LIVED INTANGIBLE ASSETS ESTIMATED USEFUL LIFE

The Company amortizes these intangible assets on a straight-line basis over their estimated useful lives, as stated below:

 

Finite Long-lived Intangible Assets Categories  Estimated Useful Life
Customer Lists  10 Years
Intellectual Property  10 Years
Noncompete agreement  5 Years
Tradenames  10 Years
SUMMARY OF DISAGGREGATION OF REVENUE

The following is a summary of revenue disaggregated by type for the three months ended March 31, 2024 and 2023:

 

   2024   2023 
   Three Months Ended 
   March 31, 
   2024   2023 
Product sales and product related services  $568,168   $- 
Waste collection and disposal   1,187,582    1,080,327 
Total revenue  $1,755,750   $1,080,327 
SCHEDULE OF CONCENTRATION RISK

 

   Three Months Ended 
   March 31, 
   2024   2023 
Customer A   15%   * 
Customer B   20%   53%
* Represents amounts less than 10%          

 

*Represents amounts less than 10%

Concentration Risk from Accounts Receivable

 

A major customer is defined as a customer that represents 10% or greater of total accounts receivable, net. The Company does not believe that the risk associated with these customers or vendors will have an adverse effect on the business. The Company’s concentration of accounts receivable is as follows:

 

    As of March 31, 2024     As of December 31, 2023  
Customer A     15 %     *  
Customer B     22 %     24 %
Customer C     11 %     *  
* Represents amounts less than 10%                

*Represents amounts less than 10%
SCHEDULE OF EARNINGS PER SHARE ANTI DILUTIVE

 

   Three Months Ended 
   March 31, 
   2024   2023 
Series A preferred stock   63,090,000    N/A 
Warrants   5,262,119    N/A 
Total common stock equivalents   68,352,119    N/A