Quarterly report pursuant to Section 13 or 15(d)

CONCENTRATIONS

CONCENTRATIONS	6 Months Ended
Jun. 30, 2023
CONCENTRATIONS
CONCENTRATIONS	NOTE 16 - CONCENTRATIONS Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and trade receivables. The Company places its cash and temporary cash investments with high credit quality institutions. At times, such investments may be in excess of the FDIC insurance limit. The Company’s revenues earned from sale of products and services for the three months ended June 30, 2023 included 66% from two customers of the Company’s total revenues. The Company’s revenues earned from sale of products and services for the three months ended June 30, 2022 included 55% from one customer of the Company’s total revenues. The Company’s revenues earned from sale of products and services for the six months ended June 30, 2023 included 72% from two customers of the Company’s total revenues. The Company’s revenues earned from sale of products and services for the six months ended June 30, 2022 included 47% from one customer of the Company’s total revenues. At June 30, 2023, two customers accounted for 100% of the Company’s total accounts receivable with an amount of $12,653. At December 31, 2022, two customers accounted for 100% of the Company’s total accounts receivable with an aggregate amount of $35,378.

CONCENTRATIONS

6 Months Ended

Jun. 30, 2023

NOTE 16 - CONCENTRATIONS

Financial instruments and related items, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and trade receivables. The Company places its cash and temporary cash investments with high credit quality institutions. At times, such investments may be in excess of the FDIC insurance limit.

The Company’s revenues earned from sale of products and services for the three months ended June 30, 2023 included 66% from two customers of the Company’s total revenues.

The Company’s revenues earned from sale of products and services for the three months ended June 30, 2022 included 55% from one customer of the Company’s total revenues.

The Company’s revenues earned from sale of products and services for the six months ended June 30, 2023 included 72% from two customers of the Company’s total revenues.

The Company’s revenues earned from sale of products and services for the six months ended June 30, 2022 included 47% from one customer of the Company’s total revenues.

At June 30, 2023, two customers accounted for 100% of the Company’s total accounts receivable with an amount of $12,653. At December 31, 2022, two customers accounted for 100% of the Company’s total accounts receivable with an aggregate amount of $35,378.