ACQUISITIONS AND DIVESTITURES (Tables)

12 Months Ended

Dec. 31, 2024

Restructuring and Related Activities [Abstract]

SCHEDULE OF DISCONTINUED OPERATIONS

The following summarizes the components of the assets and liabilities from discontinued operations to be divested for the years ended December 31, 2024 and 2023:

	December 31,		December 31,
	2024		2023
ASSETS
Current assets:
Cash and cash equivalents	$	168,323	$	-
Accounts receivable, net		788,317		625,293
Inventories		101,577		114,300
Prepaid expenses and other current assets		105,249		129,893
Property and equipment, net		634,773		739,337
Total assets	$	1,798,239	$	1,608,823
LIABILITIES
Current liabilities:
Accounts payable	$	2,980	$	942
Accrued expenses and other current liabilities		31,775		32,790
Income tax payable		72,976		-
Deferred tax liabilities		-		82,104
Total liabilities	$	107,731	$	115,836

The following summarizes the components of net income from discontinued operations for the years ended December 31, 2024 and 2023:

	Year Ended December 31,
	2024			2023
Revenues		6,823,277			7,729,131
Cost of revenues		4,980,338			5,496,462
Gross profit:		1,842,939			2,232,669
Operating expenses:
Selling, general and administrative		1,439,964			1,530,024
Restructuring and severance		-			-
Operating income		402,975			702,645
Other (expense) income:
Interest (expense)		-			(112	)
Other income		6,613			34,168
Total other income, net		6,613			34,056
Income before income taxes		409,588			736,701
Income tax benefit		(9,128	)		-
Net income from discontinued operations	$	418,716		$	736,701