Company: BIAF
Filing Date: 2025-06-27
Form Type: POS AM
Source: 0001641172-25-016923
Chunk: 178

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-06-27
Form: POS AM
Chunk 178
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:-----------------------------------------|:----------------|:--|---------------:|:--|:----|:--|------------------:|:--|
| Finance lease right-of-use asset, gross  |                 | $ |      1,294,168 |   |     | $ |         1,294,168 |   |
| Accumulated amortization                 |                 |   |       (609,539 | ) |     |   |          (513,296 | ) |
| Finance lease right-of-use asset, net    |                 | $ |        684,629 |   |     | $ |           780,872 |   |
| Finance lease liability, current portion |                 | $ |        403,584 |   |     | $ |           395,301 |   |
| Finance lease liability, long-term       |                 |   |        335,899 |   |     |   |           444,448 |   |
| Total finance lease liabilities          |                 | $ |        739,483 |   |     | $ |           839,749 |   |

|                             | Weighted-average remaining lease term: |     | March 31, 2025 |     |     | December 31, 2024 |
|:----------------------------|:---------------------------------------|:----|---------------:|:----|:----|------------------:|
| Operating leases (in years) |                                        |     |           3.60 |     |     |              4.21 |
| Finance leases (in years)   |                                        |     |           2.28 |     |     |              2.39 |

|                  | Weighted-average discount rate: |     | March 31, 2025 |   |     |     | December 31, 2024 |   |
|:-----------------|:--------------------------------|:----|---------------:|:--|:----|:----|------------------:|:--|
| Operating leases |                                 |     |           7.38 | % |     |     |              7.41 | % |
| Finance leases   |                                 |     |           8.04 | % |     |     |              8.03 | % |

Future
minimum lease payments under non-cancellable lease as of March 31, 2025, are as follows:

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENT UNDER NON-CANCELLABLE

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