CONCENTRATIONS

6 Months Ended

Jun. 30, 2024

CONCENTRATIONS [Abstract]

CONCENTRATIONS

NOTE 16 - CONCENTRATIONS

(a) Customers

The following table sets forth information as to each customer that accounted for 10% or more of net revenue for the six months ended June 30, 2024 and 2023.

	Six months ended					Six months ended
	June 30, 2024, (Unaudited)					June 30, 2023, (Unaudited)
Customer	Amount		% of Total			Amount		% of Total
A	$	2,451,000		21	%	$	-		-
B		1,756,994		15	%		726		*
C		1,290,000		11	%		-		-
D		119,885		*			1,414,701		18	%
Total	$	5,617,879		47	%	$	1,415,427		18	%

* 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 June 30, 2023 and December 31, 2023.

	As of June 30, 2024 (Unaudited)					As of December 31, 2023
Customer	Amount		% of Total			Amount		% of Total
A	$	2,205,900		23	%	$	-		-
C		1,161,000		12	%		-		-
E		1,198,477		13	%		1,237,751		15	%
F		51,045		*			2,724,397		32	%
Total	$	4,616,422		48	%	$	3,962,148		47	%

* Indicates below 10%.

(b) Suppliers

For the six months ended June 30, 2024 and 2023, the Company’s material suppliers, each of whom accounted for more than 10% of the Company’s total purchases, were as follows:

	Six months ended June 30, 2024, (Unaudited)					Six months ended June 30, 2023, (Unaudited)
Supplier	Amount		% of Total			Amount		% of Total
A		2,376,022		39	%		4,645,216		33	%
B		47,660		*			2,644,958		19	%
C		172,444		*			1,734,260		12	%
Total	$	2,596,126		39	%	$	9,024,434		64	%

* Indicates below 10%.

There is no single supplier that accounted 10% or more of the Company’s accounts payable as of June 30, 2024 and December 31, 2023.