Company: BIAF
Filing Date: 2025-06-27
Form Type: POS AM
Source: 0001641172-25-016927
Chunk: 190

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-06-27
Form: POS AM
Chunk 190
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 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

|                                    |     | Operating Leases |         |   |     | Finance Leases |         |   |
|:-----------------------------------|:----|:-----------------|--------:|:--|:----|:---------------|--------:|:--|
| Remaining for 2025                 |     | $                | 118,497 |   |     | $              | 336,379 |   |
| 2026                               |     |                  | 159,282 |   |     |                | 270,395 |   |
| 2027                               |     |                  | 110,063 |   |     |                | 202,970 |   |
| 2028                               |     |                  |  40,616 |   |     |                |       — |   |
| 2029                               |     |                  |  42,252 |   |     |                |       — |   |
| 2029                               |     |                  |       - |   |     |                |       — |   |
| 2030 and thereafter                |     |                  |  28,919 |   |     |                |       — |   |
| Total undiscounted cash flows      |     |                  | 499,629 |   |     |                | 809,744 |   |
| Less discounting                   |     |                  | (60,872 | ) |     |                | (70,261 | ) |
| Present value of lease liabilities