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LEASE (Tables)
3 Months Ended
Mar. 31, 2025
Lease  
SCHEDULE OF LEASE COST

 

Components of leases 

As of

March 31, 2025

  

As of

December 31, 2024

 
         
Operating lease cost  $40,209   $155,828 
           
Amortization of finance lease asset  $10,634   $29,445 
Interest on finance lease liabilities  $2,222   $7,267 
           
Weighted average remaining lease term (years)          
Operating lease   1.24    1.49 
Finance lease   4.09    4.34 
           
Weighted average discount rate          
Operating lease   5.5%   5.5%
Finance lease   6.7%   6.7%
SCHEDULE OF LEASE COMMITMENTS

The five-year maturity of the Company’s operating lease liabilities is as follow:

 

Twelve Months Ending March 31,  Operating lease liabilities   Finance lease liabilities 
         
2026  $158,767   $30,173 
2027   38,142    30,173 
2028   -    30,173 
2029   -    60,527 
Thereafter   -    5,045 
Total lease payments   196,909    156,091 
Less: interest   (6,844)   (23,411)
Present value of lease liabilities  $190,065   $132,680