XML 125 R63.htm IDEA: XBRL DOCUMENT v3.25.1
CONTRACT LIABILITY (Tables)
 12 Months Ended
Dec. 31, 2024
Summary Of Contract Liability  
SUMMARY OF CONTRACT LIABILITY

As of December 31, 2024 and 2023, contract liability consists of:

 

   2024   2023 
   As of December 31, 
   2024   2023 
Educational revenue paid in advance  $1,731,378   $2,580,097 
Advance bookings for lodges   -    170,040 
Total  $1,731,378   $2,750,137 
SCHEDULE OF RECONCILIATION OF DEFERRED REVENUE

A reconciliation of contract liability for the years ended December 31, 2024 and 2023 are as follows:

 

   2024   2023 
   As of December 31, 
   2024   2023 
Contract liability, beginning balance  $2,750,137   $6,391,993 
Addition   1,265,624    2,243,992 
Revenue earned   (2,284,383)   (5,885,848)
Contract liability, ending balance  $1,731,378   $2,750,137