Maturities
of operating lease liabilities as of June 30, 2026 were as follows:
Schedule
of Maturities of Operating Lease
| | |
| | |
| Year 1 | |
$ | 225,000 | |
| Years 2-3 | |
| 473,000 | |
| Years 4-5 | |
| 503,000 | |
| Thereafter | |
| 130,000 | |
| Total lease payments | |
| 1,331,000 | |
| Less: Imputed lease interest | |
| (236,455 | ) |
| Present value of lease liabilities | |
| 1,094,545 | |
| Less: Current portion of operating lease liability | |
| (152,960 | ) |
| Operating lease liability, net of current portion | |
$ | 941,585 | |
|