Accounts Receivable, Net

9 Months Ended

Sep. 30, 2025

Note 7 — Accounts receivable, net

Accounts receivable consisted of the following as of the date indicated:

	As of September 30, 2025			As of December 31, 2024
Accounts receivable	$	2,345,724		$	2,744,118
Less: allowance for credit losses		(1,124,582	)		(915,074	)
Accounts receivable, net		1,221,142			1,829,044

Accounts receivable - related party	$	730,998		$	1,092,960
Less: allowance for credit losses – related party		(213,094	)		(116,511	)
Accounts receivable – related party, net	$	517,904		$	976,449

Total accounts receivable	$	3,076,722		$	3,837,078
Total allowance for credit losses		(1,337,676	)		(1,031,585	)
Total accounts receivable, net	$	1,739,046		$	2,805,493

Provision for credit losses were $126,824 and $36,597 for the three months ended September 30, 2025 and 2024, respectively.

Provision for credit losses were $306,091 and $60,988 for the nine months ended September 30, 2025 and 2024, respectively.

Movement of allowance:

Movement of allowance for expected credit losses (including related party) consisted of the following as of the date indicated:

Nature's Miracle Holding Inc. 10-Q