Lease (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Lease |
|
| Schedule of Lease Cost |
Operating
lease expense for the six months ended June 30, 2026 and 2025 was as follows:
Schedule of Lease Cost
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Operating lease cost – straight line | |
$ | 338,963 | | |
$ | 338,963 | |
|
| Schedule of Operating Lease Liability Maturity |
The
following is a schedule, by years, of maturities of operating lease liabilities as of June 30, 2026:
Schedule of Operating Lease Liability Maturity
| | |
Operating Leases | |
| 2026 | |
$ | 239,528 | |
| Thereafter | |
| - | |
| Total undiscounted cash flows | |
| 239,528 | |
| Less: imputed interest | |
| (1,001 | ) |
| Present value of lease liabilities | |
| 238,527 | |
|
| Schedule of Lease Term and Discount Rate |
Schedule of Lease Term and Discount Rate
| | |
June 30, 2026 | |
| Weighted-average remaining lease term – years | |
| | |
| Operating leases – USA | |
| 0.34 | |
| | |
| | |
| Weighted-average discount rate (%) | |
| | |
| Operating leases – USA | |
| 3.36 | |
|
| Schedule of Supplemental Cash Flow Information Related to Leases |
Supplemental
cash flow information related to leases where the Company was the lessee for the six months ended June 30, 2026 and 2025 was as follows:
Schedule of Supplemental Cash Flow Information Related to Leases
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Operating cash outflows from operating leases | |
$ | 359,917 | | |
$ | 375,157 | |
|
| Schedule of Finance Lease Expenses |
Finance
lease expense for the six and three months ended June 30, 2026 and 2025 was as follows:
Schedule of Finance Lease Expenses
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Six Months Ended June 30, | | |
Three Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
| | |
| | |
| | |
| |
| Finance lease cost – straight line | |
$ | 11,090 | | |
$ | 10,182 | | |
$ | 5,545 | | |
$ | 5,091 | |
|
| Schedule of Finance Lease Liabilities |
The
following is a schedule, by years, of maturities of finance lease liabilities as of June 30:
Schedule of Finance Lease Liabilities
| | |
Finance Leases | |
| 2026 | |
$ | 11,090 | |
| 2027 | |
| 20,332 | |
| Thereafter | |
| - | |
| Total undiscounted cash flows | |
| 31,422 | |
| Less: imputed interest | |
| (1,119 | ) |
| Present value of lease liabilities | |
| 30,303 | |
| Less: Finance lease liabilities - current | |
| 21,145 | |
| Finance lease liabilities - non-current | |
| 9,158 | |
|
| Schedule of Finance Lease Term and Discount Rate |
Schedule of Finance Lease Term and Discount Rate
| | |
June 30,
2026 | |
| Weighted-average remaining lease term – years | |
| | |
| Finance leases – USA | |
| 1.40 | |
| | |
| | |
| Weighted-average discount rate (%) | |
| | |
| Finance leases – USA | |
| 5.49 | |
|
| Schedule of Supplemental Finance Cash Flow Information Related to Leases |
Supplemental
cash flow information related to leases where the Company was the lessee for the six months ended June 30, 2026 and 2025 was as follows:
Schedule of Supplemental Finance Cash Flow Information Related to Leases
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Operating cash outflows from finance leases | |
$ | 11,090 | | |
$ | 22,503 | |
|