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Lease | Note 6 – Lease
In March 2022, the Company entered into an operating lease for a warehouse, with a term of eighteen (18) months. In July 2023, the Company amended the contract and extended the lease term to July 2025.
In January 2025, the Company entered into an operating lease for our office and warehouse. The commencement date is April 1, 2025, and the termination date is March 31, 2030. The Company recorded a security deposit of $36,991. As of March 31, 2025, no right-of-use asset and liabilities have been recognized for this lease. Short-term lease
The Company has some rental equipment with a month-to-month contract and leases commercial space for office, retail and warehousing, which is under one year lease agreement and expires March 31, 2025.
For the three months ended March 31, 2025 and 2024, right-of-use asset and lease information about the Company’s operating lease consist of:
Supplemental cash flow information related to leases was as follows:
The following table outlines maturities of our lease liabilities as of March 31, 2025:
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Note 7 – Lease
In March 2022, the Company has entered into an operating lease for the office, with the term of 18 months. In July 2023, the Company amended the contract and extended the lease term to July 2025.
For the years ended December 31, 2024 and 2023, right-of-use asset and lease information about the Company’s operating lease consist of:
Supplemental cash flow information related to leases was as follows:
Supplemental balance sheet information related to leases was as follows:
The following table outlines maturities of our lease liabilities as of December 31, 2024:
Year ended December 31,
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