REVENUE (Tables)
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9 Months Ended |
12 Months Ended |
Sep. 30, 2024 |
Dec. 31, 2023 |
| Revenue from Contract with Customer [Abstract] |
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| Schedule of Revenue Disaggregated by Geography |
The following table presents revenue disaggregated by geography:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2024 |
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|
2023 |
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|
2024 |
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|
2023 |
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United States |
|
$ |
— |
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|
$ |
186,743 |
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|
$ |
15,000 |
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|
$ |
1,423,809 |
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Asia |
|
|
— |
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|
— |
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|
|
9,112 |
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|
|
116,485 |
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Europe |
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|
— |
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|
— |
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|
|
118,715 |
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|
|
170,500 |
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Total |
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$ |
— |
|
|
$ |
186,743 |
|
|
$ |
142,827 |
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|
$ |
1,710,794 |
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The following table presents revenue from contracts with customers disaggregated by geography:
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Year ended December 31, |
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2023 |
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2022 |
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United States |
|
$ |
1,760,350 |
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|
$ |
1,038,403 |
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Asia |
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|
117,835 |
|
|
|
356,075 |
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Europe |
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|
207,347 |
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|
|
45,950 |
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Total |
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$ |
2,085,532 |
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|
$ |
1,440,428 |
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| Schedule of Revenue from Contracts with Customers Disaggregated |
Revenue from contracts with customers are disaggregated as follows:
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Three Months Ended
September 30, |
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Nine months ended September 30, |
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|
2024 |
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|
2023 |
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|
2024 |
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|
2023 |
|
Revenue recognized at a point in time |
|
$ |
— |
|
|
$ |
186,743 |
|
|
$ |
123,827 |
|
|
$ |
1,705,794 |
|
Revenue recognized over time |
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|
— |
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|
|
— |
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|
|
19,000 |
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|
|
5,000 |
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Total |
|
$ |
— |
|
|
$ |
186,743 |
|
|
$ |
142,827 |
|
|
$ |
1,710,794 |
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The following table presents revenue from contracts with customers disaggregated by the timing of revenue recognition:
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Year ended December 31, |
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2023 |
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2022 |
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Revenue recognized at a point in time |
|
$ |
2,080,532 |
|
|
$ |
1,438,628 |
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Revenue recognized over time |
|
|
5,000 |
|
|
|
1,800 |
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Total |
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$ |
2,085,532 |
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|
$ |
1,440,428 |
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| Schedule of Accounts Receivable and Contract Liabilities |
Accounts receivable and contract liabilities as of the periods presented were as follows:
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Accounts Receivable |
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Contract Liabilities |
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January 1, 2023 |
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$ |
327,200 |
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$ |
178,750 |
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December 31, 2023 |
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|
482,279 |
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|
|
30,400 |
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September 30, 2024 |
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|
54,600 |
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|
24,000 |
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Accounts receivable and contract liabilities as of December 31, 2023 and 2022 were as follows:
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Accounts Receivable |
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Contract Liabilities |
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January 1, 2022 |
|
$ |
223,275 |
|
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$ |
173,050 |
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December 31, 2022 |
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|
327,200 |
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|
|
178,750 |
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December 31, 2023 |
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|
482,279 |
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|
|
30,400 |
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