| Schedule of Lease Agreements |
Total future minimum payments required under the lease agreements are as follows: | | | ELVG Hellas | | | Ultra Mgmt. | | | Total | | | | | Amount | | | Amount | | | 2026 | | $ | 36,086 | | | $ | 10,310 | | | $ | 46,397 | | | 2027 | | | 48,115 | | | | 10,310 | | | | 58,425 | | | 2028 | | | 48,115 | | | | | | | | 48,115 | | | 2029 | | | 48,115 | | | | | | | | 48,115 | | | Thereafter | | | 48,115 | | | | | | | | 48,115 | | | Total undiscounted minimum future lease payments | | | 228,547 | | | | 20,621 | | | | 249,168 | | | Less Imputed interest | | | (29,232 | ) | | | (1,327 | ) | | | (30,559 | ) | | Present value of operating lease liabilities | | $ | 199,315 | | | $ | 19,294 | | | $ | 218,609 | | | Disclosed as: | | | | | | | | | | | | | | Current portion | | | 38,308 | | | | 12,746 | | | | 51,054 | | | Non-current portion | | $ | 161,007 | | | $ | 6,549 | | | $ | 167,555 | |
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