Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating and Financing Leases

Remaining lease term (years) for our facility lease     0.5  
Remaining lease term (years) for our equipment lease     0.8  
Weighted average discount rate for our facility and equipment leases     8.0 %
Schedule of Annual Lease Liabilities for all Operating Leases

Annual lease liabilities for the operating lease were as follows at March 31, 2025:

 

         
Remainder of 2025   $ 46,693  
Total lease payments     46,693  
Less: Interest     (2,100 )
Present value of lease liabilities     44,593  
Less: current maturities     (44,593 )
Non-current lease liability   $ -  
Schedule of Annual Lease Liabilities for all Financing Leases

Annual lease liabilities for the financing lease were as follows at March 31, 2025:

 

         
Remainder of 2025   $ 5,040  
2026     560  
Total lease payments     5,600  
Less: Interest     (534 )
Present value of lease liabilities     5,066  
Less: current maturities     (5,066 )
Non-current lease liability   $ -