Quarterly report [Sections 13 or 15(d)]

Finance leases receivable (Tables)

v3.25.1
Finance leases receivable (Tables)
3 Months Ended
Mar. 31, 2025
Finance Leases Receivable  
Schedule of net finance leases receivable, non-performing

Net finance leases receivable, non-performing, consist of the following at March 31, 2025 and December 31, 2024:

  

    March 31,
2025
    December 31,
2024
 
Gross minimum lease payments receivable   $ 1,203,404     $ 1,203,404  
Accrued interest     -       -  
Less: unearned interest     (400,005)       (400,005 )
Less: reserve for bad debt     (803,399)       (803,399 )
Finance leases receivable   $ -     $ -