| SCHEDULE OF CONCENTRATION RISKS |
SCHEDULE OF CONCENTRATION RISKS
Table
17.1: Revenue Concentration by Customer - Based on % of Revenue
| | |
For the Three Months Ended | | |
For the Nine Months Ended | |
| | |
September 30, 2025 | | |
September 30, 2024 | | |
September 30, 2025 | | |
September 30, 2024 | |
| Customer | |
Amount | | |
% | | |
Amount | | |
% | | |
Amount | | |
% | | |
Amount | | |
% | |
| A | |
$ | 1,131,581 | | |
| 29.5 | % | |
$ | 1,183,445 | | |
| 26.6 | % | |
$ | 3,382,634 | | |
| 29.2 | % | |
$ | 2,488,622 | | |
| 18.2 | % |
| B | |
| 665,813 | | |
| 17.4 | % | |
| 694,743 | | |
| 15.6 | % | |
| 2,027,148 | | |
| 17.5 | % | |
| 2,372,942 | | |
| 17.3 | % |
| C | |
| 369,025 | | |
| 9.6 | % | |
| 614,556 | | |
| 13.8 | % | |
| 1,101,765 | | |
| 9.5 | % | |
| 2,206,993 | | |
| 16.1 | % |
| D | |
| 315,240 | | |
| 8.2 | % | |
| 538,251 | | |
| 12.1 | % | |
| 1,072,194 | | |
| 9.3 | % | |
| 1,707,290 | | |
| 12.5 | % |
Table
17.2: Accounts Receivable Concentration by Customer - Based on % of Accounts Receivable, Net
| | |
September 30, 2025 |
|
| Customer | |
Amount | |
% |
|
| 1 | |
$ | 768,954 | |
|
|
25 |
% |
| 2 | |
| 479,151 | |
|
|
15 |
% |
| 3 | |
| 373,236 | |
|
|
12 |
% |
|
The
following table sets forth information as to each customer that accounted for 10% or more of the Company’s revenues for the years
ended December 31, 2024 and 2023. Accordingly, there was a concentration of risk in demand for the Company’s services.
SCHEDULE OF CONCENTRATION RISKS
| | |
Revenue | |
| | |
For the year ended December 31, | |
| | |
2024 | | |
2023 | |
| Customer | |
Amount | | |
% | | |
Amount | | |
% | |
| A | |
$ | 14,774,927 | | |
| 83 | % | |
$ | 13,837,042 | | |
| 72 | % |
| B | |
$ | 1,041,966 | | |
| 6 | % | |
$ | 1,048,329 | | |
| 5 | % |
| C | |
$ | 795,280 | | |
| 4 | % | |
$ | 2,236,276 | | |
| 12 | % |
| | |
Accounts receivable | |
| | |
At December 31, | | |
At December 31, | |
| | |
2024 | | |
2023 | |
| Customer | |
Amount | | |
% | | |
Amount | | |
% | |
| 1 | |
$ | 8,970,298 | | |
| 87 | % | |
$ | 5,871,789 | | |
| 83 | % |
| 2 | |
$ | 342,394 | | |
| 3 | % | |
$ | 355,419 | | |
| 5 | % |
| 3 | |
$ | 340,179 | | |
| 3 | % | |
$ | 304,341 | | |
| 4 | % |
|