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Revenue

3 Months Ended

Mar. 31, 2025

Note 5 – Revenue

The following is a summary of our revenues by type for the three months ended March 31, 2025 and March 31, 2024:

Name	March 31, 2025		%			March 31, 2024		%
Equipment revenue	$	134,410		25	%	$	296,096		94	%
Service revenue		408,690		75	%		19,182		6	%
Total	$	543,100		100	%	$	315,278		100	%

Unearned Revenue

The following is a summary of our unearned revenue activity for the three months ended March 31, 2025 and year ended December 31, 2024:

Name	Balance at March 31, 2025			Balance at December 31, 2024

Unearned revenue at beginning of the period	$	227,683		$	130,000
Billings deferred		-			197,683
Refundable deposit returned		-			(100,000	)
Recognition of prior unearned revenue		(27,683	)		-
Unearned revenue at end of period	$	200,000		$	227,683

At March 31, 2025 , we anticipate recognizing approximately $170,000 of the unearned revenue in 2025 which has been presented as a current liability at March 31, 2025. The remaining balance of $30,000 has been classified as a long-term liability as the timing of revenue recognition is unknown.

Unbilled Accounts Receivable

The following is a summary of our unbilled accounts receivable activity for the three months ended March 31, 2025 and the year ended December 31, 2024:

	Balance at		Balance at
Name	March 31, 2025		December 31, 2024
Unbilled accounts receivable at beginning of the period	$	1,653,007	$	1,494,553
Services performed but not yet billed		510,410		217,666
Services billed		-		(59,212	)
Unbilled accounts receivable at end of the period	$	2,163,417	$	1,653,007

Pursuant to contractual terms with our customers, we anticipate billing the unbilled accounts receivable during our 2025 fiscal year.