Future
minimum lease payments under non-cancellable leases as of June 30, 2024, are as follows:
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES
| Years
Ended March 31, | |
| |
| 2025(1) | |
$ | 491,352 | |
| 2026 | |
| 650,195 | |
| 2027 | |
| 564,681 | |
| 2028 | |
| 360,055 | |
| 2029 | |
| 242,595 | |
| Total
Lease Payments | |
| 2,308,878 | |
| Less:
Amount Representing Interest | |
| (393,251 | ) |
| Present
value of lease liabilities | |
$ | 1,915,627 | |
| |
(1) |
This
amount represents future lease payments for the remaining nine months of fiscal year 2025. It does not include any lease payments
for the three months ended June 30, 2024. |
|