Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 2176

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 13
Chunk 2176
---
 378,279

    2027

    388,682

    -

    388,682

    2028

    399,388

    -

    399,388

    2029

    410,397

    -

    410,397

    Thereafter

    927,902

    -

    927,902

    Total lease payments

    2,872,827

    -

    2,872,827

    Less: interest

    (851,212
    )

    -

    (851,212
    )
  
    Present value of lease liabilities
     
    $
    2,021,615

    $
    -

    $
    2,021,615

Consolidated statements of operations classification of lease costs as of the years ended December 31, 2024 and 2023 are as follows:

    Schedule of lease cost

    Years ended December 31,

    Lease Cost
     
    Classification
     
    2024

    2023

    Operating
     
    Operating expenses
     
    $
    233,984

    $
    582,001

    Finance:

    Amortization
     
    Operating expenses

    280

    3,362

    Interest expense
     
    Other expenses

    -

    -

    Total lease costs

    $
    234,264

    $
    585,363

Other lease information as of December 31, 2024 is as follows:

    Schedule of other information

    Other Information
     
    Total

    Weighted average remaining lease term (in years)

    Operating leases

    7.2

    Finance leases

    -

    Weighted average discount rate:

    Operating leases

    10.0
    %
  
    Finance leases

    -

    F-32

Supplemental cash flow information as of the years ended December 31, 2024 and 2023 is as follows:

    Schedule of supplemental cash flow information

    Supplemental Cash Flow Information
     
    2024

    2023

    Cash paid for amounts included in the measurement of lease liabilities

    Cash used in operating activities

    Operating leases
     
    $
    233,984

    $
    582,001

    Finance leases
     
    $
    -

    $
    -

    Cash used in