v3.26.1
RIGHT TO USE ASSETS AND LEASE LIABILITY (Tables)
 12 Months Ended
Dec. 31, 2025
Right To Use Assets And Lease Liability  
SCHEDULE OF ANNUAL RENT

 

Lease Term  Annual Rent 
10/01/2025  09/30/2026   $50,008 
10/1/2026  09/30/2027   $52,808 
10/01/2027   09/30/2028   $55,608 
SCHEDULE OF ANNUAL RENT

 

Lease Term  Annual Rent 
9/20/2024  9/30/2026   $7,200.00 
10/1/2026  12/31/2027   $7,920.00 
1/1/2028   12/31/2030   $8,712.00 
SCHEDULE OF OPERATING LEASE ASSETS AND LIABILITIES

At December 31, 2025, and December 31, 2024, the Company had no financing leases as defined in ASC 842, “Leases.”

 

   December 31, 2025  

December 31, 2024

 
Assets          
           
Operating lease - right-of-use asset - non-current  $170,463   $86,088 
           
Liabilities          
           
Operating lease liability  $171,162   $87,474 
           
Weighted-average remaining lease term (years)   3.14    3.35 
           
Weighted-average discount rate   8%   8%
           
The components of lease expense were as follows:          
           
Operating lease costs          
           
Amortization of right-of-use operating lease asset  $63,696   $66,394 
Impairment of right of use asset  $-    30,084 
Total operating lease costs  $63,696   $96,479 
           
Supplemental cash flow information related to operating leases was as follows:          
           
Operating cash outflows from operating lease (obligation payment)  $47,583   $54,144 
Right-of-use asset obtained in exchange for new operating lease liability  $140,038   $30,084 
Impairment of right of use asset  $-   $(30,084)
Net  $-   $- 
SCHEDULE OF MINIMUM LEASE PAYMENTS

Future minimum lease payments required under leases that have initial or remaining non-cancellable lease terms in excess of one year at December 31, 2025:

 

      
2026  $63,671 
2027   61,368 
2028   50,154 
2029   8,712 
2030 and beyond   11,616 
Total lease payments   195,521 
Less: amount representing interest   (24,359)
Total lease obligations   171,162 
      
Less: current portion of operating lease liability   (51,909)
Long-term portion operating lease liability  $119,253