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DEFERRED REVENUE
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]    
DEFERRED REVENUE

NOTE 9 – DEFERRED REVENUE

 

Changes in deferred revenue for the six months ended June 30, 2024 were as follows:

 

Deferred revenue as of December 31, 2023  $1,779,794 
Amounts deferred during the period   2,899,913 
Revenue recognized from amounts included in the deferred revenue beginning balance   (841,375)
Revenue from current period sales   (2,738,866)
Deferred revenue as of June 30, 2024  $1,099,466 

 

NOTE 9 – DEFERRED REVENUE

 

Changes in deferred revenue for the year ended December 31, 2023 were as follows:

 

Deferred revenue as of December 31, 2022  $933,361 
Amounts deferred during the year   3,695,476 
Revenue recognized from amounts included in the deferred revenue beginning balance   (933,361)
Revenue from current year sales   (1,915,682)
Deferred revenue as of December 31, 2023  $1,779,794