LEASES (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| LEASES |
|
| Schedule of operating lease |
|
|
As of |
|
Assets: |
|
June 30,
2025
|
|
|
December 31,
2024
|
|
Operating lease right-of-use assets |
|
$ |
285,753 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
Current portion of long-term operating leases |
|
$ |
63,219 |
|
|
$ |
- |
|
Long-term operating leases, net of current portion |
|
|
237,523 |
|
|
|
- |
|
Total operating lease liabilities |
|
$ |
300,742 |
|
|
$ |
- |
|
|
| Schedule of Components of lease expense |
|
|
For the Three Months Ended |
|
|
For the Six Months Ended |
|
|
|
June 30,
2025
|
|
|
June 30,
2024
|
|
|
June 30,
2025
|
|
|
June 30,
2024
|
|
Operating lease expense |
|
$ |
23,515 |
|
|
$ |
27,235 |
|
|
$ |
47,030 |
|
|
$ |
54,471 |
|
|
| Summary of other information related to leases |
|
|
As of |
|
|
|
June 30,
2025
|
|
|
December 31,
2024
|
|
Weighted-average remaining lease term: |
|
|
|
|
|
|
Operating leases |
|
4.08 Years |
|
|
0.0 Years |
|
|
|
|
|
|
|
|
Discount rate: |
|
|
|
|
|
|
Operating leases |
|
|
11.00 |
% |
|
|
11.00 |
% |
|
| Schedule of Supplemental cash flow information |
|
|
For the |
|
|
For the |
|
|
|
Six Months Ended |
|
|
Six Months Ended |
|
|
|
June 30, 2025 |
|
|
June 30, 2024 |
|
Cash paid for amounts included in the measurement of lease liabilities |
|
$ |
32,040 |
|
|
$ |
60,015 |
|
Non-cash investment in ROU asset |
|
$ |
315,571 |
|
|
$ |
- |
|
|
| Schedule of Maturities of operating lease liability |
Year Ended: |
|
Operating Lease |
|
December 31, 2025 |
|
$ |
46,082 |
|
December 31, 2026 |
|
|
94,676 |
|
December 31, 2027 |
|
|
97,695 |
|
December 31, 2028 |
|
|
60,910 |
|
December 31, 2029 |
|
|
62,747 |
|
December 31, 2030 |
|
|
15,802 |
|
Total minimum lease payments |
|
|
377,912 |
|
Less: Interest |
|
|
(77,170 |
) |
Present value of lease obligations |
|
|
300,742 |
|
Less: Current portion |
|
|
(63,219 |
) |
Long-term portion of lease obligations |
|
$ |
237,523 |
|
|