v3.25.2
LEASES (Tables)
 6 Months Ended
Jun. 30, 2025
Leases  
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO OPERATING LEASES

Supplemental balance sheet information related to operating leases was as follows:

 

 

   December 31, 2024   June 30, 2025 
   As of 
   December 31, 2024   June 30, 2025 
Operating lease:          
Right-of-use assets, net  $6,632,749   $7,256,728 
           
Lease liabilities:          
Current  $2,100,281   $2,320,101 
Non-current   4,883,321    5,285,905 
Total lease liabilities  $6,983,602   $7,606,006 
SCHEDULE OF OTHER SUPPLEMENTAL INFORMATION

Other supplemental information about the Company’s operating leases:

 

 

    December 31, 2024    June 30, 2025 
Weighted average discount rate   2.15-7.59%    2.37-7.59% 
Weighted average remaining lease term (years)   0.09-10 years    0.58-9.5 years 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS DUE FOR OPERATING LEASES

The following table summarizes the future minimum lease payments due under the Company’s operating leases in the next five years and thereafter, as of June 30, 2025:

 

 

Year ending December 31,  Amounts 
2025 (six months)  $1,335,835 
2026   2,109,812 
2027   1,610,386 
2028   755,752 
2029   638,909 
Thereafter   1,932,782 
Total minimum lease payments   8,383,476 
Less: imputed interest   (777,470)
Future minimum lease payments  $7,606,006