Quarterly report [Sections 13 or 15(d)]

Finance Leases (Tables)

v3.25.3
Finance Leases (Tables)
 9 Months Ended
Sep. 30, 2025
Finance Leases  
Schedule of Finance leases are recorded in property and equipment
               
    September 30,   December 31,
    2025   2024
Cost   $ 76,972     $ 125,798  
Accumulated Depreciation     (29,822 )     (37,384 )
Net Book Value   $ 47,150     $ 88,414  
Schedule of finance lease in property and equipment
               
    September 30,   December 31,
    2025   2024
Land   $ —     $ 1,000,000  
Building     —       100,000  
Molds     —       2,000,000  
      —       3,100,000  
Accumulated depreciation     —       (438,138 )
Total   $ —     $ 2,661,862  
Schedule of future minimum lease payments of finance lease
       
Year Ending December 31,    
2025 (except for the nine months ended September 30, 2025)   $ 5,934  
2026     21,519  
2027     18,417  
2028     4,657  
Thereafter     —  
Total lease payment     50,527  
Less imputed interest     (3,668 )
Total   $ 46,859  
Schedule of summarize other supplemental information of finance lease
       
    September 30,
    2025
Weighted average discount rate     5.4 %
Weighted average remaining lease term (years)     2.7