Accounts Receivable, Net

3 Months Ended

Mar. 31, 2026

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

NOTE 6 – ACCOUNTS RECEIVABLE, NET

Accounts receivable consisted of the following as of:

		March 31, 2026				December 31, 2025

Accounts receivable, net			14,054,376				12,398,542
Accounts receivable, net (non-current)			7,265,911				8,566,654
			21,320,287				20,965,196

The Company performed an analysis of the trade receivables related to SSI India and determined, based on the deferred payment terms of the contracts, that a $7,265,911 (December 31, 2025: $8,566,654) may not be due and collectible in next one year and thus company classified these receivables as non-current.

Activity in the allowance for the credit losses for the period ended March 31, 2026 and 2025 was as follows:

		As of
		March 31, 2026				December 31, 2025

Balance at the beginning of the year			896,180				545,799
Additions			193,912				385,559
Foreign currency translation adjustment			(41,341	)			(35,178	)
Balance at the end of the year			1,048,751				896,180

Details of customers which accounted for 10% or more of total revenues during the three months ended March 31, 2026, and March 31, 2025 and 10% or more of total accounts receivables as at March 31, 2026, and December 31, 2025.

		Percentage of revenue								Percentage of accounts
		For three months ended								receivables as of
		March 31, 2026				March 31, 2025				March 31, 2026				December 31, 2025
Customer A			^				13	%			-				-
Customer B			^				14	%			^				^
Customer C			^				17	%			2	%			2	%
Customer D			^				11	%			-				-
Customer E			^				10	%			^				^

^	represents less than 1%