Quarterly report [Sections 13 or 15(d)]

LEASES (Tables)

LEASES (Tables)

3 Months Ended

Mar. 31, 2025

SCHEDULE OF NET LEASE COST AND OTHER SUPPLEMENTAL LEASE

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

	Three Months Ended
	March 31, 2025
Lease cost
Operating lease cost (cost resulting from lease payments)	$	34,010
Sublease income		(34,010	)
Net lease cost	$	-

Operating lease – operating cash flows (fixed payments)	$	34,010
Operating lease – operating cash flows (liability reduction)	$	15,150
Current leases – right of use assets	$	519,616
Current liabilities – operating lease liabilities	$	70,644
Non-current liabilities – operating lease liabilities	$	463,674

Operating lease ROU assets	$	519,616
Weighted-average remaining lease term (in years)		5.08
Weighted-average discount rate		10.91	%

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 three months ended March 31, 2025:

Fiscal Year	Operating Leases
2025	$	94,000
2026		130,200
2027		136,710
2028		143,546
2029		150,723
2030		51,051
Total future minimum lease payments		706,230
Less: Imputed Interest		(171,912)
Present value of net future minimum lease payments	$	534,318