Lease

9 Months Ended

12 Months Ended

Sep. 30, 2024

Dec. 31, 2023

Lease

Lease

Note 5 – Lease

We had one operating lease for our corporate office and warehouse and three short term leases for executive office and storage facilities.

In March 2022, the Company entered into an operating lease for the office, with the term of 18 months. In July 2023, the Company amended the contract and extended the lease term to July 2025.

For the three and nine months ended September 30, 2024 and 2023, right-of-use asset and lease information about the Company’s operating lease consist of:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2024		2023		2024		2023
The components of lease expense were as follows:
Operating lease cost	$	21,498	$	10,000	$	64,494	$	40,000
Short-term lease cost		27,603		1,829		47,644		5,297
Variable lease cost		3,996		10,432		15,278		18,232
Total lease cost	$	53,097	$	22,261	$	127,416	$	63,529

Supplemental cash flow information related to leases was as follows:

	Nine Months Ended
	September30,
	2024			2023
Cash paid for operating cash flows from operating leases	$	71,954		$	58,232
Weighted-average remaining lease term - operating leases (year)		0.83			1.84
Weighted-average discount rate — operating leases		6.50	%		6.50	%

Supplemental balance sheet information related to leases consists of:

	September 30,		December 31,
	2024		2023
Operating lease right-of-use asset	$	69,923	$	129,683
Operating lease liabilities:
Current portion	$	70,923	$	80,136
Non-current portion		-		50,047
	$	70,923	$	130,183

The following table outlines maturities of our lease liabilities as of September 30, 2024:

Year ending December 31,
2024 (excluding the nine months ended September 30, 2024)	$	21,798
2025		50,862
Thereafter		-
		72,660
Less: Imputed interest		(1,737	)
Operating lease liabilities	$	70,923

Note 7 – Lease

In March 2022, the Company has entered into an operating lease for the office, with the term of 18 months. In July 2023, the Company amended the contract and extended the lease term to July 2025.

The following summarizes right-of-use asset and lease information about the Company’s operating lease as of December 31, 2023 and 2022:

	Years Ended
	December 31,
	2023		2022
The components of lease expense were as follows:
Operating lease cost	$	70,830	$	40,000
Supplemental cash flow information related to leases was as follows:
Cash paid for operating cash flows from operating leases	$	79,528	$	40,000
Right -of-use assets obtained upon acquisition	$	161,665	$	81,967

Supplemental balance sheet information related to leases was as follows:

	December 31,		December 31,
	2023		2022
Operating lease right-of-use asset	$	129,683	$	39,367

	December 31,			December 31,
	2023			2022
Operating lease liabilities:
Current portion	$	80,136		$	39,367
Non-current portion		50,047			-
	$	130,183		$	39,367
Weighted-average remaining lease term - operating leases (year)		1.58			0.67
Weighted-average discount rate — operating leases		6.5	%		5.5	%

The following table outlines maturities of our lease liabilities as of December 31, 2023:

Year ended December 31,

2024	$	85,792
2025		50,862
Thereafter		-
		136,654
Less: Imputed interest		(6,471	)
Operating lease liabilities	$	130,183