Company: KPEA
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010699
Chunk: 62

Company: Kun Peng International Ltd.
Filing Date: 2025-05-15
Form: 10-Q
Item: Item 1
Chunk 62
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61,596  
     88,719  
     143,893  
     168,875 
  
    Finance lease cost 

    Amortization of leased asset 
    Cost of sales 
     46,480  
     -  
     93,780  
     - 
  
    Interest on lease liabilities 
    Other expense - other 
     2,227  
     -  
     5,129  
     - 
  
    Total lease cost 
      
    $110,250  
    $88,719  
    $252,048  
    $165,875 

     35 

Maturities of operating lease
and finance lease liabilities as of March 31, 2025 were as follows:

 SCHEDULE
OF MATURITY OF LEASE LIABILITIES

    Maturity of Lease Liabilities 
    Operating lease  
    Finance lease 
  
    2025 
    $4,488  
    $91,526 
  
    2026 
     -  
     75,283 
  
    Thereafter 
     -  
     - 
  
    Total lease payments 
     4,488  
     166,809 
  
    Less: Interest 
     (88) 
     (3,796)
  
    Present value of lease payments 
    $4,400  
    $163,013 

Maturities of operating lease
and finance lease liabilities as of September 30, 2024, were as follows:

    Maturity of Lease Liabilities 
    Operating lease  
    Finance lease 
  
    2025 
    $244,243  
    $205,103 
  
    2026 
     44,887  
     77,848 
  
    Thereafter 
     -  
     - 
  
    Total lease payments 
     289,130  
     282,951 
  
    Less: Interest 
     (5,529) 
     (9,210)
  
    Present value of lease payments 
    $283,601  
    $273,741 

Supplemental information related to operating leases
and finance leases was as follows:

SCHEDULE
OF OPERATING LEASES 

    2025  
    2024  
    2025