NOTE 8 – OPERATING LEASE

On November 13, 2024, eVance entered into a Lease Agreement (the “Lease”) with Royal Centre Holdings LLC (the “Lessor”) relating to approximately 1,740 square feet of property located at 11475 Great Oaks Way, Alpharetta, Georgia. The term of the Lease was for thirty-nine (39) months commencing December 1, 2024. The monthly base rent was $4,023.75 for the first twelve (12) months, beginning in April 2025, increasing each year thereafter. The total rent for the entire lease term was $162,435. The lease was cancelled without penalty on December 31, 2025.

Operating lease expense for the three months ended March 31, 2026 and 2025, was $3,361 and $2,907, respectively. The Company has multiple short-term rental arrangements that are not captured under ASC 842. Those payments are expensed as incurred and included in the total lease expense for each year.