Company: BIAF
Filing Date: 2025-06-27
Form Type: POS AM
Source: 0001641172-25-016923
Chunk: 177

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-06-27
Form: POS AM
Chunk 177
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 expense, which are included in selling, general and administrative expense and depreciation and amortization for
the three months ended March 31, 2025 and 2024, are as follows:

SCHEDULE OF COMPONENTS OF LEASE EXPENSE

|                                                                         | Components of lease expense: |   |    2025 |     |   |    2024 |
|:------------------------------------------------------------------------|:-----------------------------|:--|--------:|:----|:--|--------:|
| Amortization of right-of-use assets - finance lease                     |                              | $ |  96,243 |     | $ |  96,243 |
| Interest on lease liabilities - finance lease                           |                              |   |  13,081 |     |   |  23,550 |
| Operating lease cost                                                    |                              |   |  29,793 |     |   |  29,915 |
| Total lease cost                                                        |                              | $ | 139,117 |     | $ | 149,708 |
| Cash paid for amounts included in the measurement of lease liabilities: |                              |   |         |     |   |         |
| Operating cash flows from finance leases                                |                              | $ | 100,266 |     | $ |  88,665 |
| Operating cash flows from operating leases                              |                              |   |  29,197 |     |   |  30,431 |

SCHEDULE OF BALANCE SHEET INFORMATION RELATING TO LEASES

|                                        | Operating leases: |   | March 31, 2025 |     |   | December 31, 2024 |
|:---------------------------------------|:------------------|:--|---------------:|:----|:--|------------------:|
| Operating lease right-of-use, assets   |                   | $ |        431,746 |     | $ |           463,011 |
| Operating lease liability, current     |                   | $ |        130,342 |     | $ |           127,498 |
| Operating lease liability, non-current |                   | $ |        308,415 |     | $ |           342,098 |
| Total operating lease liabilities      |                   | $ |        438,757 |     | $ |           469,596 |

|                                          | Finance leases: |   | March 31, 2025 |   |     |   | December 31, 2024 |   |
|