CONTRACT ASSETS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
CONTRACT ASSETS    
Schedule of Deferred costs and estimated earnings

 

 

June 30,

2023

 

 

December 31,

2022

 

Deferred costs

 

$404,849

 

 

$311,911

 

Estimated earnings

 

 

-

 

 

 

-

 

Total deferred costs and estimated earnings

 

 

404,849

 

 

 

311,911

 

Add: billings to date

 

 

649,505

 

 

 

92,938

 

Deferred costs and costs and estimated earnings in excess of related billings on uncompleted contracts

 

$1,054,354

 

 

$404,849

 

 

 

2022

 

 

2021

 

Deferred costs

 

$311,911

 

 

$-

 

Estimated earnings

 

 

-

 

 

 

-

 

 

 

 

311,911

 

 

 

-

 

Add: billings to date

 

 

92,938

 

 

 

-

 

Deferred costs and costs and estimated earnings in excess of related billings on uncompleted contracts

 

$404,849

 

 

$-