Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 651

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 651
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 amounts are recovered, they will then be applied against the finance
leases receivable. There was no finance lease revenue recognized on Partner I finance leases at December 31, 2024 and 2023, respectively.
See Note 16.

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

 Schedule of net finance leases receivable, non-performing

    2024  
    2023 
  
    Gross minimum lease payments receivable 
    $1,203,404  
    $1,203,404 
  
    Less: unearned interest 
     (400,005) 
     (400,005)
  
    Less: reserve for bad debt 
     (803,399) 
     (803,399)
  
    Finance leases receivable 
    $-  
    $- 

    F-31

Mentor
Capital, Inc.

Notes
to Consolidated Financial Statements

December
31, 2024 and 2023

Note
10 – Investments and fair value

The
hierarchy of Level 1, Level 2 and Level 3 Assets are listed as follows:

 Schedule of hierarchy of level 1, level 2 and level 3 assets

    (Level 1)  
    (Level 2)  
    (Level 3)  
    (Level 3)  
    (Level 3) 

    Fair Value Measurement Using  

    Unadjusted Quoted Market Prices  
    Quoted Prices for Identical or Similar Assets in Active Markets  
    Significant Unobservable Inputs  
    Significant Unobservable Inputs  
    Significant Unobservable Inputs 

    (Level 1)  
    (Level 2)  
    (Level 3)  
    (Level 3)  
    (Level 3) 

    Investment in Securities  
    Quoted Prices or Inputs  
    Contractual interest Legal Recovery  
    Investment in Common Stock Warrants  
    Other Equity Investments 
  
    Balance at December 31, 2022 
    $-  
    $- 
    $-  
    $675  
    $93,756 

    Total gains or losses 

    Included in earnings  (or changes in net assets) 
     (2,484) 
     -