CONCENTRATIONS (Tables)

3 Months Ended

Mar. 31, 2024

CONCENTRATIONS [Abstract]

Customer and Purchase Concentration Risks

(a) Customers

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the three months ended March 31, 2024 and 2023.

	Three months ended					Three months ended
	March 31, 2024					March 31, 2023
Customer	Amount		% of Total			Amount		% of Total
A		730,158		22	%		-		-
B		560,976		17	%		-		-
C		-		-			339,874		10	%
Total	$	1,291,134		39	%	$	339,874		10	%

The following table sets forth information as to each customer that accounted for 10% or more of total gross accounts receivable as of March 31, 2024 and December 31, 2023.

	As of March 31, 2024					As of December 31, 2023
Customer	Amount		% of Total			Amount		% of Total
D	$	1,140,576		18	%	$	2,724,397		32	%
E		1,207,429		19	%		1,237,751		15	%
F		731,780		12	%		723,636		*
Total	$	3,079,785		49	%	$	4,685,784		47	%

(b) Suppliers

For the three months ended March 31, 2024 and 2023, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

	Three months ended March 31, 2024,					Three months ended March 31, 2023,
Supplier	Amount		% of Total			Amount		% of Total
A	$	1,207,489		37	%	$	4,844,671		56	%
Total	$	1,207,489		37	%	$	4,844,671		56	%

The following table sets forth information as to each supplier that accounted for 10% or more of total accounts payable as of March 31, 2024 and December 31, 2023.

	As of March 31, 2024,					As of December 31, 2023,
Supplier	Amount		% of Total			Amount		% of Total
C	$	687,369		11	%	$	567,412		*
Total	$	687,369		11	%	$	567,412		*

* Indicates below 10%.