Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

v3.25.2
LEASES (Tables)
6 Months Ended
Jun. 30, 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):

 

    Six months ended June 30,  
    2025     2024  
             
Cash paid for operating lease liabilities   $ 20,200     $ 22,300  
Weighted-average remaining lease term     23 months       26 months  
Weighted-average discount rate     10 %     10 %
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

 

Maturities of lease liabilities as of June 30, 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