v3.26.1
RIGHT OF USE ASSETS AND LEASE LIABILITIES – OPERATING LEASES (Tables)
3 Months Ended
Mar. 31, 2026
Disclosure Text Block [Abstract]  
Schedule of Lease, Cost

Right of use assets – operating leases are summarized below:

 

   March 31,
2026
   December 31,
2025
 
   (unaudited)     
Building  $349,168   $411,060 
Vehicles   94,325    101,329 
Right of use assets, net  $443,493   $512,389 

 

Operating lease liabilities are summarized below:

 

   March 31,
2026
   December 31,
2025
 
   (unaudited)     
Building  $359,013   $419,168 
Vehicles   94,325    101,329 
Warehouse equipment   -    - 
Office equipment   -    - 
Lease liability  $453,338   $520,497 
Less: current portion   (294,679)   (285,534)
Lease liability, non-current  $158,659   $234,963 
Schedule of Lessee, Operating Lease, Liability, Maturity

Maturity analysis under these lease agreements are as follows for the year ended December 31:

 

2026  $237,186 
2027   201,164 
2028   34,950 
2029   8,737 
2030   - 
Total  $482,037 
Less: Present value discount   (28,699)
Lease liability  $453,338