Lease

9 Months Ended

Sep. 30, 2024

Lease [Abstract]

LEASE

NOTE 9 — LEASE

On July 31, 2023, the Company entered into a lease agreement for an office in Irvine, California with a lease term of 24 months, commencing on September 1, 2023 and expiring on August 31, 2025. The initial monthly rental payment is $3,708 from September 1, 2023 to August 31, 2024, with an annual 3.85% increase to the amount of $3,850 starting on September 1, 2024.

The following tables presented the Company’s operating lease costs, lease components, remaining lease term and discount rate:

	Three Months Ended September 30, 2024		Three Months Ended September 30, 2023
Operating lease costs	$	11,337	$	—

	Nine Months Ended September 30, 2024		Nine Months Ended September 30, 2023
Operating lease costs	$	34,010	$	—

	September 30, 2024		December 31, 2023
Operating lease right-of-use assets	$	40,071	$	70,930
Operating lease liabilities – current	$	40,856	$	41,235
Operating lease liabilities – non-current		—		29,980
Total operating lease liabilities	$	40,856	$	71,215

	September 30, 2024
Remaining lease term (years)		0.92
Discount rate		7.50	%

The following table is a schedule, by years, of the minimum lease payments as of September 30, 2024:

Years Ended December 31,	Operating Lease Liabilities
Remaining 2024 (10/1/2024 – 12/31/2024)	$	11,550
2025		30,802
Total lease payments		42,352
Less: imputed interest		(1,496	)
Present value of lease liabilities	$	40,856