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Accounts Receivable
12 Months Ended
Dec. 31, 2024
Accounts Receivable  
Accounts Receivable

5.

Accounts Receivable  


At December 31, 2024, and 2023 , the Company’s accounts receivable consisted of the following:



 

 

2024

 

 

2023

 


Billed:

 

 

 

 

 

 


Construction services 
$ 372,274

$ 819,887

Other receivable
-


-

Total gross receivables 

 

372,274

 

 

 

819,887

 


Less: allowance for credit losses

 

(266,795

)

 

 

(637,134

)


Total net receivables

$

105,479

 

 

$

182,753

 


Receivables are evaluated for collectability and allowances for potential losses are established or maintained on applicable receivables.