Quarterly report [Sections 13 or 15(d)]

OPERATING LEASES (Tables)

v3.25.2
OPERATING LEASES (Tables)
6 Months Ended
Jun. 30, 2025
Operating Leases  
SCHEDULE OF LEASE COST

The components of lease expense and supplemental cash flow information related to leases for the period are as follows:

 

    2025     2024  
        Six Months Ended June 30,    
    2025     2024  
Lease cost                
Operating lease cost (included in general and administrative expenses in the Company’s statement of operations)   $ 119     $ 65  
                 
Other information                
Cash paid for amounts included in the measurement of lease liabilities   $ 75     $ 45  
Weighted average remaining lease term – operating leases (in years)     2.03       2.25  
Weighted average discount rate – operating leases     6.7 %     9.0 %
SCHEDULE OF OPERATING LEASES ASSETS AND LIABILITIES

 

   

June 30, 2025

   

December 31, 2024

 
Operating leases                
Right-of-use assets   $ 273     $ 340  
                 
Short-term operating lease liabilities   $ 138     $ 124  
Long-term operating lease liabilities     144       222  
Total operating lease liabilities   $ 282     $ 346  
SCHEDULE OF PRESENT VALUE OF LEASE LIABILITIES

  

Year ending   Operating Leases  
2025 remaining   $ 81  
2026     143  
2027     71  
2028     6  
2029 and thereafter     -  
Total lease payments     301  
Less: Imputed interest/present value discount     (19 )
Present value of lease liabilities   $ 282