v3.25.2
LEASE (Tables)
6 Months Ended
Jun. 30, 2025
Lease  
SCHEDULE OF LEASE COST

 

   2025   2024   2025   2024 
Components of Leases  For the three months ended
June 30,
   For the six months ended
June 30,
 
   2025   2024   2025   2024 
                 
Operating lease cost  $41,629   $37,581   $81,838   $75,100 
                     
Amortization of finance lease asset  $11,010   $4,263   $21,644   $8,519 
Interest on finance lease liabilities  $2,218   $1,574   $4,440   $2,639 

 

Components of leases 

As of

June 30,

2025

  

As of

December 31,

2024

 
         
Weighted average remaining lease term (years)          
Operating lease   1.00    1.49 
Finance lease   3.84    4.34 
           
Weighted average discount rate          
Operating lease   5.5%   5.5%
Finance lease   6.7%   6.7%
SCHEDULE OF LEASE COMMITMENTS

The five-year maturity of the Company’s operating lease liabilities is as follow:

 

Twelve Months Ending June 30,  Operating lease liabilities   Finance lease liabilities 
         
2026  $155,790   $31,644 
2027   8,451    31,644 
2028   -    31,644 
2029   -    59,533 
Thereafter   -    1,323 
Total lease payments   164,241    155,788 
Less: interest   (4,681)   (22,312)
Present value of lease liabilities  $159,560   $133,476