CONTRACT ASSETS
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
CONTRACT ASSETS    
CONTRACT ASSETS

NOTE 3 – CONTRACT ASSETS

 

Deferred costs and estimated earnings and billings on uncompleted contracts consist of the following as of September 30, 2023 and December 31, 2022:

 

 

 

September 30,

2023

 

 

December 31,

2022

 

Deferred costs

 

$1,054,354

 

 

$311,911

 

Estimated earnings

 

 

-

 

 

 

-

 

Total deferred costs and estimated earnings

 

 

1,054,354

 

 

 

311,911

 

Billings to date

 

 

145,919

 

 

 

92,938

 

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

 

$1,200,273

 

 

$404,849

 

 

Deferred costs include permitting costs to fulfill contracts on installations in progress.

NOTE 3 – CONTRACT ASSETS

 

Deferred costs and estimated earnings and billings on uncompleted contracts consist of the following as of December 31, 2022 and December 31, 2021:

 

 

 

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

 

 

$-

 

 

Deferred costs include permitting costs to fulfill contracts on installations in progress.