ACCOUNTS RECEIVABLE, NET (Tables)

9 Months Ended

Sep. 30, 2024

ACCOUNTS RECEIVABLE, NET [Abstract]

Accounts Receivable

Accounts receivable, net is summarized as follows:

	September 30, 2024 (Unaudited)			December 31, 2023
Accounts receivable	$	6,306,003		$	8,443,069
Less: allowance for credit losses		(1,749,146	)		(1,912,268	)
Accounts receivable, net	$	4,556,857		$	6,530,801

The changes in the allowance for credit losses are as follows:

	For the Nine Months Ended September 30,
	2024			2023
	(Unaudited)			(Unaudited)
Balance at the beginning of the period	$	1,912,268		$	1,961,034
Write-off		(179,430	)		(104,583	)
Foreign exchange		16,308			2,682
Balance at the end of the period	$	1,749,146		$	1,859,133