Accounts Receivable, Net

12 Months Ended

Dec. 31, 2024

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

NOTE 4 – ACCOUNTS RECEIVABLE, NET

As of December 31, 2024 and 2023, accounts receivable, net consisted of the following.

	2024			2023
Accounts receivable	$	1,511,404		$	2,279,593
Less: allowance for expected credit losses		(125,643	)	$	(160,855	)
Accounts receivable, net	$	1,385,761		$	2,118,738
Non-current accounts receivable	$	2,227,089		$	4,597,214

The following table shows the movements in the allowance for expected credit losses during the years ended December 31, 2024, 2023 and 2022.

	2024			2023			2022
Balance at January 1	$	160,855		$	164,122		$	179,475
(Reversal of) Provision for expected credit losses		(31,199	)		1,084			(1,087	)
Foreign exchange difference		(4,013	)		(4,351	)		(14,266	)
Balance at December 31	$	125,643		$	160,855		$	164,122

The Company reviews the outstanding receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances.