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LEASES (Tables)
12 Months Ended
Dec. 31, 2025
LEASES  
Schedule of right of use assets and liabilities

 

 

December 31,

2025

 

 

December 31,

2024

 

Assets:

 

 

 

 

 

 

ROU Assets

 

$

402,754

 

 

$

421,550

 

Accumulated Amortization

 

 

(100,957

)

 

 

(65,826

)

ROU Assets, Net

 

 

301,797

 

 

 

355,724

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current:

 

 

 

 

 

 

 

 

Operating Lease Liabilities

 

$

36,996

 

 

 

33,490

 

Non-Current

 

 

 

 

 

 

 

 

Operating Lease Liabilities

 

 

308,402

 

 

$

326,248

 

 

 

 

 

For the Years Ended

December 31,

 

 

 

Expense Classification

 

2025

 

 

2024

 

Operating Lease Expenses:

 

 

 

 

 

 

 

 

Amortization of ROU Assets

 

General and Administrative

 

$

33,388

 

 

$

31,414

 

Accretion of Operating Lease Liabilities

 

General and Administrative

 

 

34,941

 

 

 

38,115

 

Total Operating Lease Expenses

 

 

 

$

68,329

 

 

$

69,529

 

Other information related to leases is as follows:

 

As of

 

 

As of

 

 

 

December 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

 

 

 

 

 

 

 

Weighted-Average Remaining Lease Term: Operating Leases (in Years)

 

 

2.99

 

 

 

3.04

 

 

 

 

 

 

 

 

 

 

Weighted-Average Discount Rate: Operating Leases

 

 

10.00

%

 

 

10.00

%

Schedule of remaining maturities of lease liabilities

2026

 

 

69,492

 

2027

 

 

69,492

 

2028

 

 

45,492

 

2029

 

 

45,492

 

2030

 

 

45,492

 

Thereafter

 

 

320,238

 

Total Lease Payments

 

 

595,698

 

Less Imputed Interest

 

 

(250,300

)

Present Value of Lease Liabilities

 

 

345,398