LEASES

3 Months Ended

Mar. 31, 2025

Leases

LEASES

NOTE 4 – LEASES

The Company entered into an operating lease agreement on October 14, 2021 for an automobile, resulting in the recording of an initial liability and corresponding right-of-use asset of $35,906. The weighted-average remaining non-cancelable lease term for the Company’s operating lease was 0.50 years at March 31, 2025. The weighted-average discount rate was 3.96% at March 31, 2025.

The Company’s operating lease expires in 2025. The following shows future lease payments for the remaining periods under operating lease at March 31, 2025:

Periods ending March 31,	Operating Lease Commitments
2025	$	4,821
Total operating lease commitments		4,821
Less: imputed interest		(616	)
Total right-of-use liability	$	4,205

The Company’s discounted current right-of-use lease liability and discounted non-current right-of-use lease liability on March 31, 2025 is $4,205 and $0, respectively.

Operating leases expense for the three months ended March 31, 2025 is $2,413.