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ACCOUNTS RECEIVABLE
3 Months Ended
Mar. 31, 2024
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 6 – ACCOUNTS RECEIVABLE

 

Accounts receivable consisted of the following as of March 31, 2024 and December 31, 2023:

        
   March 31,   December 31, 
   2024   2023 
Accounts receivable  $881,866   $868,948 
Less: Allowance for doubtful accounts        
Accounts receivable, net  $881,866   $868,948 

 

The Company performed an analysis of the trade receivables related to Optilan (UK) Limited and determined that an additional $2,364,977 may not be collectible pursuant to the Optilan Liquidation. As of March 31, 2023, the Company recorded a bad debt provision for this amount.