NOTE 5 – LEASES

Effective in May 1, 2025, the Company entered into a lease agreement for its Vayu office and warehouse space expiring in April 2026. In connection with the lease extension, the Company recognized a right-of-use (“ROU”) lease asset and lease liability each in the amount of $96,347. The discount rate used to estimate the fair value of the ROU lease asset and lease liability was 44.24%. As of June 30, 2026, the remaining lease term was 0.0 years. The lease agreement expired April 30, 2026 and, as of the date of this Quarterly Report, the Company has the ability to continue month-to-month at the current rate.

The table below summarizes the Company’s lease-related assets and liabilities as of June 30, 2026, and December 31, 2025:

Lease expense was $10,080 and $20,160, during the three months ended June 30, 2026 and 2025, respectively and $40,320 and $20,160, during the six months ended June 30, 2026 and 2025, respectively. There were no future maturities of operating lease liabilities as of June 30, 2026.