CONCENTRATIONS

9 Months Ended

Sep. 30, 2023

CONCENTRATIONS [Abstract]

CONCENTRATIONS

NOTE 14- CONCENTRATIONS

(a) Customers

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the nine months ended September 30, 2023 and 2022.

	Nine Months ended					Nine Months ended
	September 30, 2023,					September 30, 2022,
Customer	Amount		% of Total			Amount		% of Total
A	$	2,219,933		16	%	$	399		*	%
B		314,420		*			747,625		10	%
Total	$	2,534,353		16	%	$	748,024		10	%

* Indicates below 10%.

The following table sets forth information as to each customer that accounted for 10% or more of total gross accounts receivable as of September 30, 2023 and December 31, 2022.

	As of September 30, 2023,					As of December 31, 2022,
Customer	Amount		% of Total			Amount		% of Total
C	$	2,265,727		35	%	$	12,338		*
D		1,184,267		18	%		1,197,023		47	%
E		433,281		*			410,321		16	%
F		-		-			395,360		16	%
Total	$	3,883,275		53	%	$	2,015,042		79	%

* Indicates below 10%.

(b) Suppliers

For the nine months ended September 30, 2023 and 2022, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

	Nine Months ended September 30, 2023,					Nine Months ended September 30, 2022,
Supplier	Amount		% of Total			Amount		% of Total
A	$	5,593,765		26	%	$	1,919,050		13	%
B		3,078,975		14	%		8,038		*
C		31,223		*			5,265,348		37	%
Total	$	8,703,963		40	%	$	7,192,436		50	%

* Indicates below 10%.

The following table sets forth information as to each supplier that accounted for 10% or more of total accounts payable as of September 30, 2023 and December 31, 2022.

	As of September 30, 2023,					As of December 31, 2022,
Supplier	Amount		% of Total			Amount		% of Total
D	$	674,183		14	%	$	577,621		17	%
C		391,765		*			420,100		12	%
Total	$	1,065,948		14	%	$	997,721		29	%