5.
OPERATING LEASES
The
components of lease expense and supplemental cash flow information related to leases for the period are as follows:
SCHEDULE OF LEASE COST
| | |
2026 | | |
2025 | |
| | |
Three Months Ended March 31, | |
| | |
2026 | | |
2025 | |
| Lease cost | |
| | | |
| | |
| Operating lease cost (included in cost of revenue, general and administrative expenses in
the Company’s statement of operations) | |
$ | 109 | | |
$ | 56 | |
| | |
| | | |
| | |
| Other information | |
| | | |
| | |
| Cash paid for amounts included in the measurement of lease liabilities | |
$ | 42 | | |
$ | 35 | |
| Weighted average remaining lease term – operating leases (in years) | |
| 1.45 | | |
| 2.26 | |
| Weighted average discount rate – operating leases | |
| 6.2 | % | |
| 6.7 | % |
SCHEDULE OF OPERATING LEASES ASSETS AND LIABILITIES
| | |
March 31, 2026 | | |
December 31, 2025 | |
| Operating leases | |
| | | |
| | |
| Right-of-use assets | |
$ | 116 | | |
$ | 131 | |
| | |
| | | |
| | |
| Short-term operating lease liabilities | |
$ | 105 | | |
$ | 129 | |
| Long-term operating lease liabilities | |
| 63 | | |
| 80 | |
| Total operating lease liabilities | |
$ | 168 | | |
$ | 209 | |
SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES
| Year ending | |
Operating Leases | |
| 2026 remaining | |
$ | 101 | |
| 2027 | |
| 71 | |
| 2028 | |
| 6 | |
| 2029 | |
| - | |
| 2030 and thereafter | |
| - | |
| Total lease payments | |
| 178 | |
| Less: Imputed interest/present value discount | |
| (10 | ) |
| Present value of lease liabilities | |
$ | 168 | |
|