FINANCE LEASE RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2024

Finance Lease Receivables

SCHEDULE OF FINANCE LEASE RECEIVABLES

As of December 31, 2024 and 2023, finance lease receivables consist of the following:

	December 31, 2024			December 31, 2023
Future minimum lease payments receivable	$	14,427,511		$	9,586,741
Estimated residual value		—			—
Gross finance lease receivables		14,427,511			9,586,741
Less: unearned interest income		(37,344	)		(22,688	)
Finance lease receivables	$	14,390,167		$	9,564,053
Finance lease receivables, current	$	5,992,585		$	6,143,564
Finance lease receivables, non-current	$	8,397,582		$	3,420,489

SCHEDULE OF MATURITIES OF THE FINANCE LEASE RECEIVABLES

As of December 31, 2024, maturities of the Company’s gross finance lease receivables are as follow:

Years ending December 31,
2025	$	6,000,609
2026		5,505,139
2027		2,921,763
Thereafter		—
Total	$	14,427,511