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FINANCE LEASE RECEIVABLES (Tables)
3 Months Ended
Mar. 31, 2025
Finance Lease Receivables  
SCHEDULE OF FINANCE LEASE RECEIVABLES

As of March 31, 2025 and December 31, 2024, finance lease receivables consist of the following:

 

   March 31,
2025
   December 31,
2024
 
Future minimum lease payments receivable  $17,976,334   $14,427,511 
Estimated residual value        
Gross finance lease receivables   17,976,334    14,427,511 
Less: unearned interest income   (46,844)   (37,344)
Finance lease receivables  $17,929,490   $14,390,167 
Finance lease receivables, current  $7,281,088   $5,992,585 
Finance lease receivables, non-current  $10,648,402   $8,397,582 
SCHEDULE OF MATURITIES OF THE FINANCE LEASE RECEIVABLES

As of March 31, 2025, maturities of the Company’s gross finance lease receivables are as follows:

 

 SCHEDULE OF MATURITIES OF THE FINANCE LEASE RECEIVABLES

Years ending December 31,    
Remaining of 2025  $5,256,988 
2026   7,564,573 
2027   4,993,986 
2028   160,787 
2029 and thereafter    
Total  $17,976,334