LEASES

6 Months Ended

Jun. 30, 2025

Leases

LEASES

NOTE 12 – LEASES

The following was included in our balance sheet as of June 30, 2025 and 2024:

	June 30,
Operating leases	2025		2024
Assets
ROU operating lease assets	$	–	$	473,491
		–		–
Liabilities		–		–
Current portion of operating lease		–		80,400
Operating lease, net of current portion		–		472,220
Total operating lease liabilities	$	–	$	552,620

The weighted average remaining lease term and weighted average discount rate at June 30, 2025 and 2024 were as follows:

Operating leases	2025		2024
Weighted average remaining lease term (years)		0		7.50
Weighted average discount rate		0.00%		6.00%

Operating Leases

On January 15, 2025 SVEA Cameron Esperson filed its Motion for Nonsuit without Prejudice. The dismissal was accepted by the court on January 16, 2025.