Lease (Tables)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2025 |
May 31, 2025 |
Dec. 31, 2024 |
| Lease [Line Items] |
|
|
|
| Schedule of Operating Leases Obligation |
The discount rates reflect the estimated incremental borrowing rate, which includes an assessment of the credit rating to determine the rate that the Group would have to pay to borrow, on a collateralized basis for a similar term, an amount equal to the lease payments in a similar economic environment. | | | For the six months ended
June 30, | | | | 2025 | | 2024 | | | | (Unaudited) | | (Unaudited) | | Lease cost | | | | | | | | | | Operating lease cost | | | — | | | | 45,167 | | | Short-term lease cost | | | — | | | | 2,062 | | | Total lease cost | | $ | — | | | $ | 47,229 | | | Other information | | | | | | | | | | Cash paid for amounts included in the measurement of lease liabilities | | | | | | | | | | Operating cash flows from operating leases | | $ | 39,415 | | | $ | 80,015 | | | Weighted-average remaining lease term – operating leases | | | 0.7 years | | | | 1.7 years | | | Weighted-average discount rate – operating leases | | | 8.0 | % | | | 8.0 | % |
|
|
The discount rates reflect the estimated incremental borrowing rate, which includes an assessment of the credit rating to determine the rate that the Group would have to pay to borrow, on a collateralized basis for a similar term, an amount equal to the lease payments in a similar economic environment.
|
|
|
For the year
ended
December 31,
2024
|
|
For the year
ended
December 31,
2023
|
|
Lease cost
|
|
|
|
|
|
|
|
|
|
Finance lease cost:
|
|
|
|
|
|
|
|
|
|
Depreciation
|
|
$
|
—
|
|
|
$
|
—
|
|
|
Interest on lease liabilities
|
|
|
—
|
|
|
|
—
|
|
|
Operating lease cost
|
|
|
50,520 |
|
|
|
252,345 |
|
|
Short-term lease cost
|
|
|
3,374 |
|
|
|
65,221 |
|
|
Variable lease cost
|
|
|
—
|
|
|
|
—
|
|
|
Sublease income
|
|
|
—
|
|
|
|
—
|
|
|
Total lease cost
|
|
$
|
53,894 |
|
|
$
|
317,566 |
|
| |
|
|
|
|
|
|
|
|
|
Other information
|
|
|
|
|
|
|
|
|
|
Cash paid for amounts included in the measurement of lease liabilities
|
|
|
|
|
|
|
|
|
|
Operating cash flows from operating leases
|
|
$
|
120,824 |
|
|
$
|
389,365 |
|
|
Financing cash flows from finance leases
|
|
|
—
|
|
|
|
—
|
|
|
Right-of-use assets obtained in exchange for new operating lease liabilities
|
|
|
—
|
|
|
|
338,525 |
|
|
Weighted-average remaining lease term – finance leases
|
|
|
—
|
|
|
|
—
|
|
|
Weighted-average remaining lease term – operating leases
|
|
|
1.2 years |
|
|
|
1.9 years |
|
|
Weighted-average discount rate – finance leases
|
|
|
—
|
%
|
|
|
—
|
%
|
|
Weighted-average discount rate – operating leases
|
|
|
8.0 |
% |
|
|
8.0 |
% |
|
| Schedule of Maturity Analysis of Operating Leases Liabilities |
The maturity analysis of operating leases liabilities as of June 30, 2025 is as follows:
|
|
|
June 30,
2025
|
| |
|
(Unaudited)
|
|
Remaining periods ending December 31,
|
|
|
|
|
2025
|
|
56,068 |
|
|
2026
|
|
24,573 |
|
|
Total future undiscounted cash flow
|
|
80,641 |
|
|
Less: Discount on operating lease liabilities
|
|
(3,649 |
)
|
|
Present value of operating lease liabilities
|
|
76,992 |
|
|
|
The maturity analysis of operating leases liabilities as of December 31, 2024 is as follows:
|
|
|
December 31,
2024
|
|
Remaining periods ending December 31,
|
|
|
|
|
|
2025
|
|
$
|
97,541 |
|
|
2026
|
|
|
24,573 |
|
|
Total future undiscounted cash flow
|
|
|
122,114 |
|
|
Less: Discount on operating lease liabilities
|
|
|
(5,707 |
)
|
|
Present value of operating lease liabilities
|
|
|
116,407 |
|
|
Less: Current portion of operating lease liabilities
|
|
|
(102,225 |
)
|
|
Non-current portion of operating lease liabilities
|
|
$
|
14,182 |
|
|
| DiamiR Biosciences Corp. [Member] |
|
|
|
| Lease [Line Items] |
|
|
|
| Schedule of Operating Leases Obligation |
|
Supplemental cash flow information and non-cash activity related to leases include the following in the years ended May 31:
|
|
|
2025
|
|
2024
|
|
Cash paid on operating lease liabilities
|
|
$
|
42,052 |
|
$
|
40,827 |
|
Right of use assets acquired under operating leases
|
|
$
|
39,083 |
|
$
|
37,319 |
|
|
| Schedule of Maturity Analysis of Operating Leases Liabilities |
|
Minimum lease payments under leases with terms greater than one year are as follows:
|
Year
|
|
Amount
|
|
Year ending May 31, 2026
|
|
$
|
43,313 |
|
|
Year ending May 31, 2027
|
|
|
25,703 |
|
|
Total
|
|
|
69,016 |
|
|
Less imputed interest
|
|
|
(4,935 |
)
|
|
Lease liability
|
|
$
|
64,081 |
|
|
|
| Schedule of Lease Terms and Discount Rates |
|
Lease terms and assumed discount rates are as follows:
| | | May 31,
2025 | | May 31,
2024 | | Average lease term | | 1.6 years | | | 1.6 years | | | Discount rate | | 10 | % | | 10 | % |
|
|