LEASES (Tables)

6 Months Ended

Jun. 30, 2025

The following table presents the lease-related asset and liability recorded on the balance sheets:

	June 30, 2025
Assets
Operating lease asset	$	121,252

Liabilities
Current
Operating lease liabilities	$	64,005

Noncurrent
Operating lease liabilities	$	57,247

Supplemental cash flow information related to leases was as follows:

	Six Months Ended June 30, 2025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	33,464

The table below presents the remaining lease terms and discount rates for operating lease:

	June 30, 2025
Weighted-average remaining lease term
Operating lease		1.8 years
Weighted-average discount rate
Operating lease		7.75	%

Maturities of lease liabilities as of June 30, 2025, were as follows:

		Operating Lease
2025 (6 months remaining)		35,580
2026		71,160
Thereafter		23,720
Total lease payments		130,460
Less: amount of lease payments representing interest		(9,208	)
Present value future minimum lease payments	$	121,252
Less: current obligations under lease	$	(64,005	)
Non-current obligations	$	57,247

CQENS Technologies Inc. 10-Q