Leases

12 Months Ended

Dec. 31, 2024

Leases

Leases

Note 5 – Leases

On April 10, 2024, Fengcuiyuan entered into an operating lease agreement to rent an office. The lease has an original term of 2 years expiring April 24, 2026.

Balance sheet information related to the Company’s leases is presented below:

	December 31 2024
Operating Leases
Operating lease right-of-use assets	$	93,091
Operating lease liabilities - current		73,967
Operating lease liability – non-current		19,124
Total operating lease liabilities	$	93,091

The following provides details of the Company’s lease expenses:

	Year Ended December 31,
	2024		2023
Operating lease expense	$	58,535	$	-

Other information related to leases is presented below:

	Year Ended
	December 31, 2024
Cash Paid For Amounts Included In Measurement of Liabilities:
Operating cash flows from operating leases	$	58,535
Weighted Average Remaining Lease Term:
Operating leases		1.32 years
Weighted Average Discount Rate:
Operating leases		5.6	%

Maturities of lease liabilities were as follows:

For the 12 months ending December 31:
2025	$	76,939
2026		19,235
Total lease payments		96,174
Less: imputed interest		(3,083	)
Total lease liabilities		93,091
Less: current portion		(73,967	)
Lease liabilities – non-current portion	$	19,124