Company: MNTR
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001620
Chunk: 1216

Company: Mentor Capital, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 1216
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:

Maturity
of lease liabilities

 Schedule of lease maturities

    12
    months ending October 4, 2023 (1) 
    Finance leases  
    Operating leases 
  
    2024 
    $419,073  
    $67,804 
  
    2025 
     424,735  
     74,860 
  
    2026 
     388,723  
     82,475 
  
    2027 
     251,571  
     90,670 
  
    2028 
     4,781  
     8,066 
  
    Total 
     1,488,883  
     323,875 
  
    Less: Current maturities 
     (419,073) 
     (67,804)
  
    Long-term liability 
    $1,069,810  
    $256,071 

    (1)
    Effective
    on the date of sale, October 4, 2023, we reported our discontinued operations financials as of September 30, 2023.

    F-24

Mentor
Capital, Inc.

Notes
to Consolidated Financial Statements

December
31, 2024 and 2023

Facilities
operations segment disclosures

Following
the October 4, 2023 sale of our discontinued operation, WCI, the Company received no new income from WCI and had no further involvement
or continuing influence over its operations. Consequently, our facilities operations segment, WCI, was eliminated at the time of sale.
Additionally, the results of operations associated with our facilities operations segment were excluded from our continuing operations
and presented as a discontinued operation in our consolidated financial statements. WCI worked with business park owners, governmental
centers, and apartment complexes to reduce their facility-related operating costs.

Following
is our discontinued operations segment information before income taxes as of October 4, 2023:

 Schedule of segment information

     Discontinued
                                            Operation 
  
    October 4, 2023 (1) 

    Net sales 
    $6,432,907 
  
    Operating income (loss) 
     178,854 
  
    Interest income 
     1 
  
    Interest expense 
     62,770 
  
    Interest and dividend income 

    Property additions 
     83,062 
  
    Fixed asset