CONTRACT LIABILITIES

12 Months Ended

Dec. 31, 2022

Contract Liabilities

CONTRACT LIABILITIES

NOTE 7 – CONTRACT LIABILITIES

Contract liabilities consist of the following:

	December 31,
	2022			2021
Balance at beginning of year	$	227,371		$	532,456
Additions		664,259			106,493
Recognized to revenue during the year		(26,962	)		(409,495	)
Exchange adjustment		2,464			(2,083	)
Balance at end of year	$	867,132		$	227,371