Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

LEASES (Tables)

12 Months Ended

Dec. 31, 2024

SCHEDULE OF NET LEASE COST AND OTHER SUPPLEMENTAL LEASE

The following tables present net related party lease costs and other supplemental lease information:

	Year Ended
	December 31, 2024
Lease cost
Operating lease cost (cost resulting from lease payments)	$	90,692
Sublease income		(90,692	)
Net lease cost	$	-

Operating lease – operating cash flows (fixed payments)	$	90,692
Operating lease – operating cash flows (liability reduction)	$	38,446
Current leases – right of use assets	$	538,776
Current liabilities – operating lease liabilities	$	67,278
Non-current liabilities – operating lease liabilities	$	482,190

Operating lease ROU assets	$	538,776
Weighted-average remaining lease term (in years)		5.33
Weighted-average discount rate		10.91	%

	Year Ended
	December 31, 2023
Lease cost
Operating lease cost (cost resulting from lease payments)	$	66,684
Sublease income		(66,684	)
Net lease cost	$	-

Operating lease – operating cash flows (fixed payments)	$	66,684
Operating lease – operating cash flows (liability reduction)	$	61,605
Current leases – right of use assets	$	-
Current liabilities – operating lease liabilities	$	-
Non-current liabilities – operating lease liabilities	$	-

Operating lease ROU assets	$
Weighted-average remaining lease term (in years)		-
Weighted-average discount rate		2.1	%

SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER NON CANCELABLE LEASES

Future minimum payments under non-cancelable leases for operating leases for the remaining terms of the leases following the year ended December 31, 2024:

Fiscal Year	Operating Leases
2025	$	124,000
2026		130,200
2027		136,710
2028		143,546
2029		150,723
2030		51,051
Total future minimum lease payments		736,230
Less: Imputed Interest		(186,761	)
Present value of net future minimum lease payments	$	549,468