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Note 4 - Accounts Receivable

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Accounts and Nontrade Receivable [Text Block]

NOTE 4 – ACCOUNTS RECEIVABLE

Accounts receivable consisted of the following on March 31, 2025, and December 31, 2024:

		*March 31,*				*December 31,*
		*2025*				*2024*
Trade accounts receivable		$	4,101,003			$	3,033,612
Allowance for current expected credit losses			(660,980	)			(637,556	)
Total accounts receivable, net		$	3,440,023			$	2,396,056

The roll-forward of the allowance for doubtful accounts for the periods ended March 31, 2025 and December 31, 2024 is as follows:

		*March 31,*				*December 31,*
		*2025*				*2024*
Allowance for current expected credit losses at the beginning of the period		$	637,556			$	134,912
Bad debt expense			12,007				578,423
Receivables written off during the periods			(11,123	)			(49,577	)
Effect of exchange rate changes			22,540				(26,202	)
Allowance for current expected credit losses at the end of the period		$	660,980			$	637,556