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DEFERRED REVENUE
 12 Months Ended
Dec. 31, 2022
Revenue from Contract with Customer [Abstract]  
DEFERRED REVENUE

NOTE 12 – DEFERRED REVENUE

 

At December 31, 2022 and 2021, deferred revenue consists of the following:

 

   December 31,   December 31, 
   2022   2021 
Deferred revenues, net  $1,371,170   $1,063,373 
Less: deferred revenue, current   (95,392)   (49,728)
Deferred revenues, non-current  $1,275,778   $1,013,645 

 

Deferred revenue of $91,881 at December 31, 2021, was recognized in revenue in 2022 within Franchise royalties and fees on the Consolidated Statement of Operations. Deferred revenue of $95,392 at December 31, 2022, is expected to be recognized during 2023.