LEASES

6 Months Ended

Jun. 30, 2025

LEASES

LEASES

NOTE 8 – LEASES

At June 30, 2025 and December 31, 2024, right of use assets and liabilities were comprised of the following:

	June 30, 2025			December 31, 2024
Assets:
ROU Assets	$	421,550		$	421,550
Accumulated Amortization		(82,173	)		(65,826	)
ROU Assets, Net		339,377			355,724
Liabilities
Current:
Operating Lease Liabilities	$	35,199			33,490
Non-Current
Operating Lease Liabilities		327,360		$	326,248

		For the Three Months Ended June 30,
	Expense Classification	2025		2024
Operating Lease Expenses:
Amortization of ROU Assets	General and Administrative	$	8,275	$	7,830
Accretion of Operating Lease Liabilities	General and Administrative		9,107		9,552
Total Operating Lease Expenses		$	17,382	$	17,382

		For the Six Months Ended June 30,
	Expense Classification	2025		2024
Operating Lease Expenses:
Amortization of ROU Assets	General and Administrative	$	16,347	$	15,615
Accretion of Operating Lease Liabilities	General and Administrative		18,417		19,149
Total Operating Lease Expenses		$	34,764	$	34,764

Other information related to leases is as follows:	As of			As of
	June 30,			December 31,
	2025			2024
Weighted-Average Remaining Lease Term: Operating Leases (in Years)		3.03			3.02
Weighted-Average Discount Rate: Operating Leases		10.00	%		10.00	%

As of June 30, 2025, remaining maturities of lease liabilities were as follows:

Remainder of 2025	34,746
2026	69,492
2027	69,492
2028	45,492
2029	45,492
2030 and Thereafter	365,730
Total Lease Payments	630,444
Less Imputed Interest	(267,885	)
Present Value of Lease Liabilities	362,559