XML 36 R24.htm IDEA: XBRL DOCUMENT v3.25.1
Concentration of Credit Risk
12 Months Ended
Dec. 31, 2024
Risks and Uncertainties [Abstract]  
Concentration of Credit Risk

NOTE 15 – CONCENTRATION OF CREDIT RISK

For the twelve months ended December 31, 2024 and 2023, we had two customers, CIC and OML, both of which are related parties (see Note 14, Related Party Transactions), that accounted for 100% of our total revenue. As of December 31, 2024, the Accounts Receivable balance included 23.6% and 42.1% of receivables from the same two customers.

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