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Leases
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES

NOTE 10 – LEASES

 

The Company has leases for certain office and production facilities in the PRC which are classified as operating leases. The leases contain payment terms for fixed amounts. Options to extend are recognized as part of the lease liabilities and recognized as right of use assets when management estimates to renew the lease. There are no residual value guarantees, no variable lease payments, and no restrictions or covenants imposed by leases. For the years ended December 31, 2025 and 2024, operating lease cost was $75,534 and $58,931, respectively and cash paid for amounts included in the measurement of lease liabilities for operating cash flows from operating leases was $78,705 and $61,135, respectively. As of December 31, 2025 and December 31, 2024, the Company reported right of use assets of $181,828 and $38,298, respectively and lease liabilities of $183,176 and $39,323, respectively. 

 

   FY2025   FY2024 
Operating lease cost  $75,534    58,931 
           
Cash paid for amounts included in the measurement of lease liabilities   78,705    61,135 
           
    December 31,    December 31, 
    2025    2024 
Lease liabilities, current portion  $71,628    39,323 
Lease liabilities, non current portion   111,548    
-
 
    183,176    39,323 

 

Minimum lease payments for the Company’s operating lease liabilities were as follows for the twelve month period ended December 31:

 

2026  $76,144 
2027   76,144 
2028   38,072 
Total undiscounted cash flows   190,360 
Less: Imputed interest   (7,184)
    183,176 
Less: Lease liabilities, current portion   (71,628)
Lease liabilities, non current portion  $111,548 

 

The Company has leases with terms less than one year for certain provincial sales offices that are not material.