NOTE 6 – LEASES

The Company has entered into operating leases for office space with terms ranging from 2 two to three years, and finance lease for vehicle with terms of five years. The estimated effect of lease renewal and termination options, as applicable, that are reasonably certain to be exercised in the determination of the lease term and initial measurement of lease right-of-use assets and lease liabilities is included in the unaudited consolidated financial statements.

Operating leases costs for lease payments are recognized on a straight-line basis over the lease term. Finance lease costs include amortization, which is recognized on a straight-line basis over the expected life of the leased assets, and interest expense, which is recognized following an effective interest rate method. Leases with initial term of twelve months or less are not recorded in the consolidated balance sheets.

The components of lease costs for the three and six months ended June 30, 2026 and 2025 are as follows:

 SCHEDULE OF COMPONENTS OF LEASE COST

The following table presents supplemental information related to the Company’s leases for the six months ended June 30, 2026 and 2025:

 SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO COMPANY LEASE

As of June 30, 2026, the future maturity of lease liabilities is as follows:

 SCHEDULE OF FUTURE MINIMUM MATURITIES OF OPERATING LEASE LIABILITIES

Pursuant to the operating lease agreements, the Company made security deposits to the lessors. The security deposits amounted to $270,525 and $281,313 as of June 30, 2026 and December 31, 2025, respectively.