CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE	9 Months Ended
Sep. 30, 2024
Risks and Uncertainties [Abstract]
CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE	NOTE 2 - CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE Financial instruments that potentially subject the Company to credit risk consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. Cash The Company at times has cash with its financial institution in excess of Federal Deposit Insurance Corporation (“FDIC) insurance limits. The Company places its cash with high credit quality financial institutions which minimize the risk of loss. To date, the Company has not experienced any such losses. As of September 30, 2024 and December 31, 2023, the Company did not have any cash deposits in excess of FDIC insurance limits. Accounts Receivable The Company grants credit to its customers, located throughout the United States and their international locations. The Company typically does not require collateral from national retail customers. Credit risk is limited due to the financial strength of the customers comprising the Company’s customer base and their dispersion across different geographical regions. The Company monitors exposure of credit losses and maintains allowances for anticipated losses considered necessary under the circumstances. Stripe is the company that processes online payments for our e-commerce website. We should receive payment from them within 3 days of the product shipment. If the product is shipped through Amazon online platform, it could take between 20 and 30 days for collection. Financial instruments that potentially subject the Company to credit risk, consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements. Major Customers The Company had two customers who comprised 56% and 40%, respectively, of net revenue during the nine months ended September 30, 2024. The Company had one major customer who comprised 78% of net revenue for the nine months ended September 30, 2023. Major Vendors The Company had one vendor from which it purchased 94% of merchandise during the nine months ended September 30, 2024. The Company had one major customer who comprised 78% of net revenue for the nine months ended September 30, 2023.

CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

9 Months Ended

Sep. 30, 2024

CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

NOTE 2 - CONCENTRATIONS OF CREDIT RISK AND ECONOMIC DEPENDENCE

Financial instruments that potentially subject the Company to credit risk consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.

Cash

The Company at times has cash with its financial institution in excess of Federal Deposit Insurance Corporation (“FDIC) insurance limits. The Company places its cash with high credit quality financial institutions which minimize the risk of loss. To date, the Company has not experienced any such losses. As of September 30, 2024 and December 31, 2023, the Company did not have any cash deposits in excess of FDIC insurance limits.

Accounts Receivable

The Company grants credit to its customers, located throughout the United States and their international locations. The Company typically does not require collateral from national retail customers. Credit risk is limited due to the financial strength of the customers comprising the Company’s customer base and their dispersion across different geographical regions. The Company monitors exposure of credit losses and maintains allowances for anticipated losses considered necessary under the circumstances. Stripe is the company that processes online payments for our e-commerce website. We should receive payment from them within 3 days of the product shipment. If the product is shipped through Amazon online platform, it could take between 20 and 30 days for collection.

Financial instruments that potentially subject the Company to credit risk, consist principally of cash and accounts receivable. The Company has no significant off-balance-sheet concentrations of credit risk such as foreign exchange contracts, options contracts or other foreign hedging arrangements.

Major Customers

The Company had two customers who comprised 56% and 40%, respectively, of net revenue during the nine months ended September 30, 2024. The Company had one major customer who comprised 78% of net revenue for the nine months ended September 30, 2023.

Major Vendors

The Company had one vendor from which it purchased 94% of merchandise during the nine months ended September 30, 2024. The Company had one major customer who comprised 78% of net revenue for the nine months ended September 30, 2023.