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Revenue, Unearned Revenue and Unbilled Accounts Receivable (Tables)
12 Months Ended
Dec. 31, 2024
Revenue, Unearned Revenue and Unbilled Accounts Receivable  
Schedule Of revenue by type

 

 

Year Ended

 

Name

 

December 31, 2024

 

 

December 31, 2023

 

Equipment revenue

 

$227,956

 

 

 

51%

 

$655,818

 

 

 

88%

Service revenue

 

 

217,489

 

 

 

49%

 

 

88,134

 

 

 

12%

Total

 

$445,445

 

 

 

100%

 

$743,952

 

 

 

100%
Schedule Of unearned revenue activity

 

 

December 31,

 

 

December 31,

 

 

2024

 

2023

 

Unearned revenue at beginning of year

 

$130,000

 

 

$200,109

 

Billings deferred

 

 

197,683

 

 

 

58,000

 

Refundable deposit returned

 

 

(100,000)

 

 

-

 

Recognition of prior unearned revenue

 

 

-

 

 

 

(128,109)

Unearned revenue at end of year

 

$227,683

 

 

$130,000

 

Schedule Of unbilled accounts receivable
Unbilled Accounts Receivable

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Unbilled accounts receivable at beginning of year

 

$1,494,553

 

 

$918,164

 

Services performed but unbilled

 

 

217,666

 

 

 

1,061,612

 

Services billed

 

 

(59,212)

 

 

(485,223)

Unbilled accounts receivable at end of year

 

$1,653,007

 

 

$1,494,553