LEASE LIABILITIES-FINANCE AND OPERATING LEASE (Tables)

3 Months Ended

Mar. 31, 2025

Lease Liabilities-finance And Operating Lease

Lease Liabilities - Finance and Operating Lease - Schedule of Finance and Operating Leased Liabilities

The components of finance lease liabilities were as follows:

		Imputed				March 31,				December 31,
		Interest rate				2025				2024
Total finance lease liability			6.7%			$	1,317,183			$	1,293,608
Less: Current portion							(239,771	)			(217,743	)
Finance lease liability, net of current portion						$	1,077,412			$	1,075,865

Interest expenses from a finance lease liability amounted to $21,722 and $24,830 for the three-month periods ended March 31, 2025 and 2024, respectively, were charged to the condensed consolidated statement of loss.

The components of operating lease liabilities as follows:

		Imputed				March 31,				December 31,
		Interest rate				2025				2024
Total operating lease liabilities			4.89%			$	7,308,326			$	7,433,452
Less: Current portion							(498,483	)			(491,850	)
Operating lease liabilities, net of current portion						$	6,809,843			$	6,941,602

Lease Liabilities - Finance and Operating Lease - Schedule of Financing and Operating Lease Maturities

Maturities of lease liabilities were as follows:

		Financial lease				Operating Lease
Payable within:
the next 12 months		$	261,485			$	822,692
the next 13 to 24 months			261,485				828,555
the next 25 to 36 months			261,485				834,455
the next 37 to 48 months			261,485				840,733
the next 49 to 60 months			261,485				847,059
thereafter			261,485				8,063,578
Total			1,568,910				12,237,072
Less: Amount representing interest			(251,727	)			(4,928,746	)
Present value of net minimum lease payments			1,317,183			$	7,308,326