22. OPERATING LEASES - LESSEE

The Company leases office space under a non-cancellable operating lease with a term of five years two months. The lease provides the Company with the right to use the underlying office facility in exchange for fixed lease payments over the lease term. The lease is accounted for in accordance with ASC 842, Leases, and the related right-of-use (“ROU”) asset and operating lease liability are recognized on the consolidated balance sheets at the present value of future lease payments.

On October 1, 2025, there was a lease modification to the lease payment based on a change in tax law from the Florida Department of Revenue regarding the taxation of commercial leases. The State of Florida removed all sales tax charged on Commercial rents. The impact of this change decreased the Company’s monthly payment by approximately $200, resulting in approximately $8,524 decrease in the total operating lease liability over the remaining term of the lease.

As of June 30, 2026, the Company did not have any additional operating leases that had been executed but were not yet commenced. No other significant new lease obligations, modifications, or renewals were entered into during the reporting period.

The maturity schedule of future minimum lease payments under operating leases and the reconciliation to the operating lease liabilities reported on the

Consolidated Balance Sheets was as follows:

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

As of June 30, 2026, the total operating lease liability amount of $112,603 consists of current and long-term portion of operating lease liabilities of $87,822 and $24,781 respectively.

For the year ended June 30, 2026, and 2025, operating lease costs were $87,609 and $87,851, respectively.

The following table summarizes the weighted-average remaining lease term and weighted-average discount rate related to the Company’s operating leases as of June 30, 2026:

 SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERM AND WEIGHTED AVERAGE DISCOUNT RATE