LEASES

12 Months Ended

Dec. 31, 2025

Leases

LEASES

NOTE 13 – LEASES

The following was included in our balance sheet as of December 31, 2025 and 2024:

	December 31,
Operating leases	2025		2024
Assets
ROU operating lease assets	$	–	$	449,556
Liabilities
Current portion of operating lease		–		80,400
Operating lease, net of current portion		–		447,009
Total operating lease liabilities	$	–	$	527,409

The weighted average remaining lease term and weighted average discount rate at December 31, 2025 and 2024 were as follows:

	December 31,
Operating leases	2025			2024
Weighted average remaining lease term (years)		7.75			7.25
Weighted average discount rate		6.00	%		6.00	%

Operating Leases

On June 28, 2023, the Company recognized a gain on deconsolidation of $1,642,146 related to Optilan (UK) and its subsidiaries leases.