Quarterly report [Sections 13 or 15(d)]

Other Current Assets

v3.25.2
Other Current Assets
 6 Months Ended
Jun. 30, 2025
Other Current Assets [Abstract]  
OTHER CURRENT ASSETS

NOTE 3 – OTHER CURRENT ASSETS

 

Other current assets consist of the following:

 

    June 30,
2025		     December 31,
2024		  
Prepaid insurance   $ 716,070     $ 871,856  
Advance to vendors     1,350,791       1,001,818  
Contract asset     2,247,575       205,911  
VAT input credit     520,549       52,375  
Prepaid software subscriptions     961,798       85,441  
Other prepaid expenses and current assets     287,803       258,955  
Total other current assets   $ 6,084,586     $ 2,476,356