LEASES |
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| LEASES | NOTE 4 – LEASES
The Company entered into an operating lease agreement on October 14, 2021 for an automobile, resulting in the recording of an initial liability and corresponding right-of-use asset of $35,906. The weighted-average remaining non-cancelable lease term for the Company’s operating lease was 0.25 years at June 30, 2025. The weighted-average discount rate was 3.96% at June 30, 2025. The Company’s operating lease expires in 2025. The following shows future lease payments for the remaining periods under operating lease at June 30, 2025:
The Company’s discounted current operating lease liability and discounted non-current right-of-use lease liability on June 30, 2025 is $2,227 and $0, respectively.
Operating leases expense for the six months ended June 30, 2025 is $4,918.
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