Annual report [Section 13 and 15(d), not S-K Item 405]

DEFERRED REVENUE (Tables)

v3.25.1
DEFERRED REVENUE (Tables)
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DEFERRED REVENUE

Deferred revenue consisted of the following:

 

    2024     2023  
    December 31,  
    2024     2023  
Grant and rebate   $ 3,870     $ 346  
Prepaid network, charging and maintenance fees     24,092       25,729  
Total deferred revenue     27,962       26,075  
Deferred revenue, non-current portion     (10,603 )     (12,462 )
Current portion of deferred revenue   $ 17,359     $ 13,613  

SCHEDULE OF DEFERRED REVENUE RECOGNIZED

It is anticipated that deferred revenue as of December 31, 2024 will be recognized as follows:

 

 

       
For the Year Ending      
December 31,   Total  
2025   $ 17,359  
2026     4,076  
2027     3,297  
2028     1,940  
2029     980  
Thereafter     310  
Total   $ 27,962