COMMITMENTS AND CONTINGENCIES |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||
| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||
| COMMITMENTS AND CONTINGENCIES | NOTE 7 - COMMITMENTS AND CONTINGENCIES
Lease Commitment
The
Company leases office facilities under an operating lease agreement that expires October
31, 2025. During the six months ended June 30, 2025, the operating cash outflows related to operating lease liabilities of
$41,797
and the expense for the right of use asset for operating leases was $41,089.
As of June 30, 2025, the Company’s operating lease had a weighted-average remaining term of 0.58
years and a weighted average discount rate of 12%.
As of June 30, 2025, the lease agreement requires future payments as follows:
Total base rental expense was $24,049 and $22,161 for the three months ended June 30, 2025 and 2024, respectively, and $47,916 and $44,322 for the six months ended June 30, 2025 and 2024, respectively. The Company does not have any capital leases or other operating lease commitments.
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