| Schedule of Lease Agreements |
Total future minimum payments required under the lease agreements are as follows: | | | ELVG Hellas | | | Ultra Mgmt. | | | Total | | | | | Amount | | | Amount | | | 2026 | | $ | 23,981 | | | $ | 6,852 | | | $ | 30,833 | | | 2027 | | | 47,962 | | | | 10,278 | | | | 58,240 | | | 2028 | | | 47,962 | | | | | | | | 47,962 | | | 2029 | | | 47,963 | | | | | | | | 47,963 | | | Thereafter | | | 47,963 | | | | | | | | 47,963 | | | Total undiscounted minimum future lease payments | | | 215,831 | | | | 17,130 | | | | 232,961 | | | Less Imputed interest | | | (26,579 | ) | | | (1,044 | ) | | | (27,623 | ) | | Present value of operating lease liabilities | | $ | 189,252 | | | $ | 16,086 | | | $ | 205,338 | | | Disclosed as: | | | | | | | | | | | | | | Current portion | | | 38,652 | | | | 12,822 | | | | 51,474 | | | Non-current portion | | $ | 150,600 | | | $ | 3,264 | | | $ | 153,864 | |
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