Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 220

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 19
Chunk 220
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,173      $         283,607  
  Lease liabilities – current                                131,141                167,592  
  Lease liabilities – non-current                                  -                 86,758  
  Total operating lease liabilities      $                   131,141      $         254,350  

The
operating lease expense is recognized as cost of sales, selling, general and administrative expenses and research and development expenses.

                                                                   For the years ended June 30,                                                             
                                                                   2025                                           2024                   2023               
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Operating leases expense excluding short-term lease expense      $                                 168,408      $         226,840      $         256,008  
  Short-term lease expense                                                                           127,311                 35,900                156,717  
  Total                                                            $                                 295,719      $         262,740      $         412,725  

Supplemental
information related to operating lease was as follows:

                                                                              For the years ended June 30,                                                             
                                                                              2025                                           2024                   2023               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Weighted-average remaining lease term                                                                             0.8                    1.8                    2.5  
  Weighted-average discount rate                                                                                   4.65                   4.65                   4.60  
  Cash paid for amounts included in the measurement of lease liabilities      $                                 139,253      $         217,619      $         275,890  

There
was no addition of operating lease assets for the years ended June 30, 2025, 2024 and 2023.

As
of June 30, 2025, the maturities of the Group’s operating lease liabilities are as follows:

  For the year ending June 30,           Amount               
  Total minimum lease payment                        132,168  
 ──────────────────────────────────────────────────────────────
  2026                                   $           132,168  
  Less: interest                                     ( 1,027  
  Present value of lease obligation      $           131,141  

F-28

SCAGE
FUTURE

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

(In
U. S. dollars, except for share