Annual report [Section 13 and 15(d), not S-K Item 405]

Other Current Assets

v3.25.0.1
Other Current Assets
 12 Months Ended
Dec. 31, 2024
Other Current Assets [Abstract]  
OTHER CURRENT ASSETS

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    Years Ended December 31,  
    2024     2023  
Prepaid insurance   $ 871,856     $ 1,035,071  
Advance to vendors     1,001,818       442,727  
Contract asset     205,911       819,107  
VAT input credit     52,375       232,048  
Receivables from employees    
-
       40,117  
Other prepaid expenses and current assets     344,396       398,549  
Total other current assets   $ 2,476,356     $ 2,967,619