DISAGGREGATION OF REVENUES

12 Months Ended

Dec. 31, 2024

Revenue from Contract with Customer [Abstract]

DISAGGREGATION OF REVENUES

NOTE 17 — DISAGGREGATION OF REVENUES

Revenues generated from different revenue streams consist of the following:

	For the Years Ended December 31,
	2024		2023
Franchising revenue	$	61,033,032	$	42,103,380
Procurement revenue		54,814,399		53,186,662
Management services revenue		53,113,155		72,282,549
Rental services revenue		16,141,714		7,336,768
Others		20,313,242		18,633,064
Total	$	205,415,542	$	193,542,423

SBC MEDICAL GROUP HOLDINGS INCORPORATED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NOTE 17 — DISAGGREGATION OF REVENUES (cont.)

During the years ended December 31, 2024 and 2023, the Company recognized revenue of $1,970,889 and $973,866 from the opening balance of advances from customers, respectively; and revenue of nil and $1,382,803 from the opening balance of advances from customers — related parties, respectively.

As of December 31, 2024 and 2023, and for the years then ended, substantially all of our long-lived assets and revenues generated were attributed to the Company’s operation in Japan.