Leases

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

LEASES

Note 8 — LEASES

As discussed in Note 9 – Related Party Transactions, the Company had a property lease with a related party which terminated on March 14, 2024. Lease expenses under this lease for the year ended December 31, 2024 and 2023 were $6,000 and $18,000, respectively.

Lease expense for the company’s operating lease was $31,977, for the year ended December 31, 2024. Total cash paid for the Company’s operating lease was $2,475 per month with a remaining term of 51 months and a discount rate of 4.69%. Lease expense is included in general and administrative costs on the accompanying consolidated statements of operations. This lease includes a renewal option at the election of the Company to renew or extend the lease. This optional period has not been considered in the determination of the ROU assets or lease liability associated with this lease as the Company did not consider it reasonably certain it would exercise the option.

At December 31, 2024, future minimum rental payments required under the lease agreement is as follows:

	Operating Lease
2025	$	36,700
2026		39,370
2027		40,945
2028		42,583
Thereafter		10,715
Total undiscounted lease payments		170,313
Less: effects of discounting		(16,084	)
Operating Lease Liability	$	154,229
Classified as:
Operating lease liability, current	$	30,227
Operating lease liability, non-current	$	124,002