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Leasing Operations:
3 Months Ended
Mar. 29, 2025
Leasing Operations:  
Leasing Operations:

5. Leasing Operations:

In May 2021, the Company made the decision to no longer solicit new leasing customers and pursue an orderly run-off for its leasing portfolio.

Leasing income as presented on the Consolidated Condensed Statements of Operations consists of the following:

Three Months Ended

Three Months Ended

    

March 29, 2025

    

March 30, 2024

Interest income on direct financing and sales-type leases

$

$

5,900

Operating lease income

46,600

627,800

Income on sales of equipment under lease

200,000

196,700

Other

2,061,200

6,400

Leasing income

$

2,307,800

$

836,800