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| LEASES | 5. LEASES
The Company entered into commercial operating leases with a third party for the use of office in Hong Kong. This lease has original term of 3 years. This operating lease is included in “Right-of-use Assets” on the condensed consolidated balance sheets and represent the Company’s right to use the underlying assets during the lease term. The Company’s obligation to make lease payments are included in “Operating Lease liabilities” on the condensed consolidated balance sheets.
Supplemental balance sheet information related to operating leases was as follows:
Operating lease expense for the three months ended June 30, 2026 and 2025 was $50,250 and $50,570, respectively.
Other supplemental information about the Company’s operating lease, as of:
The following table summarizes the future minimum lease payments due under the Company’s operating lease in the next two years, as of June 30, 2026:
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