v3.25.2
NOTE 8 - OPERATING LEASE RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES: Schedule of Maturity Analysis under the Lease Agreements (Tables)
3 Months Ended
Mar. 31, 2025
Tables/Schedules  
Schedule of Maturity Analysis under the Lease Agreements

Maturity analysis under operating leases as of March 31, 2025 are as follows:

 

2025

$

34,360

2026

 

303,080

2027

 

680,222

2028 and thereafter

 

-   

Total lease payments

 

1,017,662

Less: Present value discount

 

(67,923)

Operating lease liabilities

$

949,739

 

Maturity analysis under operating leases as of December 31, 2024 are as follows:

 

2025

$

48,730

2026

 

354,064

2027

 

750,336

2028 and thereafter

 

-   

Total lease payments

 

1,153,130

Less: Present value discount

 

(84,161)

Operating lease liabilities

$

1,068,969