Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.25.2
LEASES (Tables)
3 Months Ended
Mar. 31, 2025
Leases  
SCHEDULE OF RIGHT-OF-USE-ASSETS AND RELATED LEASE LIABILITIES

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

 

    Three months ended March 31,  
    2025     2024  
             
Cash paid for operating lease liabilities   $ 20,200     $ 22,300  
Weighted-average remaining lease term     26 months       29 months  
Weighted-average discount rate     10 %     10 %
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

Maturities of lease liabilities as of March 31, 2025 were as follows:      
2025   $ 78,300  
2026     64,000  
2027     -  
2028     -  
2029     -  
Thereafter     -  
Total operating lease     142,300  
Less imputed interest     (9,800 )
Total lease liabilities     132,500