Quarterly report pursuant to Section 13 or 15(d)

Finance leases receivable (Tables)

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Finance leases receivable (Tables)
3 Months Ended
Mar. 31, 2024
Finance Leases Receivable  
Schedule of net finance leases receivable, non-performing

Net finance leases receivable, non-performing, consist of the following at March 31, 2024 and December 31, 2023:

 

    March 31,
2024
    December 31,
2023
 
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   $ -     $ -