Quarterly report pursuant to Section 13 or 15(d)

Other Current Assets

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Other Current Assets
 3 Months Ended
Mar. 31, 2024
Other Current Assets [Abstract]  
OTHER CURRENT ASSETS

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    March 31,
2024		     December 31,
2023		  
Prepaid insurance   $ 873,710     $ 1,035,071  
Advances to vendors     384,285       442,727  
Contract asset     794,268       819,107  
VAT input credit     326,749       232,048  
Receivables from employees    
-
       40,117  
Other prepaid expenses and current assets     651,694       398,549  
Total other current assets   $ 3,030,706     $ 2,967,619