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Concentration of Credit Risk
9 Months Ended
Sep. 30, 2024
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk

NOTE 13 – CONCENTRATION OF CREDIT RISK

We do not currently have any debt obligations with variable interest rates.

For the three and nine months ended September 30, 2024, we had two customers, CIC and OML, both of which are related parties (see Note 5, Related Party Transactions), that accounted for 100% of our total revenue. For the three and nine months ended September 30, 2023, we had one customer, CIC, which is a related party, that accounted for 100% of our total revenue.

 

As of both September 30, 2024 and December 31, 2023, the Company held cash in financial institutions that were over the federally insured limits. The Company has not incurred losses on these accounts.