Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases

Schedule of Operating Leases Cost

The table below reconciles the fixed component of the undiscounted cash flows for each of the first five years and the total remaining years to the operating lease liabilities recorded in the statements of financial position as of September 30, 2024:

	Flywheel			Flywheel			Flywheel			Flywheel
	February 2023			March 2024			June 2024			August 2024
Initial lease term	to March 2025			to June 2025			to May 2025			to July 2025
Initial recognition of operating lease right-of-use assets	$	28,652		$	123,107		$	52,434		$	73,175
Weighted-average remaining lease term at September 30, 2024		0.42			0.75			0.67			0.83
Weighted-average discount rate at September 30, 2024		3.20	%		3.20	%		3.33	%		3.33	%

Schedule of Operating Lease Liabilities

The future minimum lease payment schedule for all operating leases as of September 30, 2024, is as disclosed below. 

For the Period Ending September 30,	Amount
2024	$	61,391
2025		119,805
2026		-
2027		-
2028		-
2029 and thereafter		-
Total minimum lease payments		181,196
Less: effect of discounting		(2,450	)
Present value of the future minimum lease payment		178,746
Less: operating lease liabilities-current		(178,746	)
Total operating lease liabilities-non-current	$	-