Leases (Tables)

12 Months Ended

Dec. 31, 2024

Lease term and discount rate were as follows:

	December 31,
	2023
Weighted average remaining lease term (years)		2.84
Weighted average discount rate		4	%

The component of lease costs was as follows:

(1)

Variable lease cost primarily relates to common area maintenance, property taxes and insurance on leased real estate.

Operating Leases	Classification	December 31, 2023
Right-of-use assets	Right of use assets	$	209,542

Current lease liabilities	Current operating lease liabilities		64,330
Non-current lease liabilities	Long-term operating lease liabilities		150,460
Total lease liabilities		$	214,790

		December 31,
Operating Leases	Classification	2024
Right-of-use assets	Right of use assets	$	140,489

Current lease liabilities	Current operating lease liabilities		73,523
Non-current lease liabilities	Long-term operating lease liabilities		72,504
Total lease liabilities		$	146,027

Lease term and discount rate were as follows:

	December 31,
	2024
Weighted average remaining lease term (years)		1.84
Weighted average discount rate		4	%

The component of lease costs was as follows:

	December 31,
	2024
Cash paid for operating lease liabilities	$	-

Maturities of lease liabilities were as follows as of December 31, 2024:

	Operating
	Leases
2025	$	79,380
2026		72,765
Total undiscounted lease payments		152,145
Less: Present value discount		(6,118	)
Total Present value of lease liabilities	$	146,027

Bespoke Extracts, Inc. 10-K