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CUSTOMER CONCENTRATION | 12 Months Ended
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Dec. 31, 2023
Risks and Uncertainties [Abstract] |
CUSTOMER CONCENTRATION | NOTE 18 – CUSTOMER CONCENTRATION Revenue Customer Concentration The Company sells a substantial portion of its products to a limited number of customers. During the year ended December 31, 2023, the Company sold 61.8% of its products to its top five customers, respectively. As of December 31, 2023, amounts due from these customers were $2,082,217. The Company sells a substantial portion of its products to a limited number of customers. During the year ended December 31, 2022, the Company sold 53.6% of its products to its top five customers, respectively. As of December 31, 2022, amounts due from these customers were $3,995,134.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 275 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//275/tableOfContent + Details
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