|
In
accordance with ASC 842, the components of lease expense were as follows:
SCHEDULE OF OPERATING LEASE COST AND SUPPLEMENTAL CASH FLOW INFORMATION
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| |
|
Six Months ended June 30, |
|
|
Three Months ended June 30, |
|
| |
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
| Operating lease expense |
|
$ |
24,751 |
|
|
$ |
35,838 |
|
|
$ |
6,832 |
|
|
$ |
17,919 |
|
| Short term lease cost |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Total lease expense |
|
$ |
24,751 |
|
|
$ |
35,838 |
|
|
$ |
6,832 |
|
|
$ |
17,919 |
|
In
accordance with ASC 842, other information related to leases was as follows:
| Six Months ended June 30, |
|
2025 |
|
|
2024 |
|
| Operating cash flows from operating leases |
|
$ |
32,537 |
|
|
$ |
38,097 |
|
| Cash paid for amounts included in the measurement of lease liabilities |
|
$ |
32,537 |
|
|
$ |
38,097 |
|
| |
|
|
|
|
|
|
|
|
| Weighted-average remaining lease term—operating leases |
|
|
no years |
|
|
|
2.2 years |
|
| Weighted-average discount rate—operating leases |
|
|
10 |
% |
|
|
10 |
% |
|