Finance Leases as Lessee |
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| Finance leases as lessee | Note 15. Finance leases as lessee
In May 2025, the Company entered into a machinery equipment lease agreement. The total lease term is 2 years and has been classified as a finance lease because the Company is reasonably certain to exercise the purchase option and ownership of the underlying assets will transfer to the Company.
The weighted average discount rate of the Company’s finance leases was 3.00% per annum as of December 31, 2025.
Amounts recognized in the consolidated balance sheet:
A summary of lease cost is as follows:
The following table presents maturity of lease liabilities as of December 31, 2025:
The following summarizes other supplemental information about the Company’s lease as of December 31, 2025 and 2024:
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