Annual report [Section 13 and 15(d), not S-K Item 405]

Leases (Tables)

v3.25.1
Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating and Financing Leases

 

    Year Ended
December 31,
 
    2024     2023  
Remaining lease term (years) for our office lease     0.8       1.8  
Remaining lease term (years) for our equipment lease     1.1       0.3  
Weighted average discount rate for our facility and equipment leases     8.0 %     8.0 %

Schedule of Annual Lease Liabilities for all Operating Leases

Annual lease liabilities for the operating lease were as follows at December 31, 2024:

 

         
2025   $ 70,040  
Total lease payments     70,040  
Less: Interest     (3,135 )
Present value of lease liabilities     66,905  
Less: current maturities     (66,905 )
Non-current lease liability   $ -  
Schedule of Annual Lease Liabilities for all Financing Leases

Annual lease liabilities for the financing lease were as follows at December 31, 2024:

 

         
2025   $ 6,821  
2026     571  
Total lease payments     7,392  
Less: Interest     (790 )
Present value of lease liabilities     6,602  
Less: current maturities     (6,115 )
Non-current lease liability   $ 487