Company: ABLV
Filing Date: 2025-04-23
Form Type: 20-F
Source: 0001213900-25-034677
Chunk: 206

Company: Able View Global Inc.
Filing Date: 2025-04-23
Form: 20-F
Item: Item 19
Chunk 206
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 income.

The lease agreements do not contain any material
residual value guarantees or material restrictive covenants.

For short-term leases, the Company records operating
lease expense in its consolidated statements of operations and comprehensive (loss) income on a straight-line basis over the lease term
and record variable lease payments as incurred.

The table below presents the operating lease related
assets and liabilities recorded on the consolidated balance sheets.

                                               December 31,      December 31,  
  Right of use assets, net                       $1,116,224        $1,680,547  
  Operating lease liabilities, current             $771,196          $761,904  
  Operating lease liabilities, noncurrent           214,485         1,003,943  
  Total operating lease liabilities                $985,681        $1,765,847  

F-22

ABLE VIEW GLOBAL INC.

5. OPERATING
LEASE (cont.)

Other information about the Company’s leases
is as follows:

                                                     For the Years Ended December 31,                                                             
                                                     2024                                               2023                   2022               
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Operating cash flows used in operating leases      $                                     814,310      $         762,963      $         223,122  
  Weighted average remaining lease term (years)                                               1.51                   2.47                   0.56  
  Weighted average discount rate                                                              4.75                   4.74                   4.75  

Operating lease expenses were $696,999, $777,688and $430,963, respectively, for the years ended December 31, 2024, 2023 and 2022, among which $413, $45,484and $126,097were incurred
for short-term leases.

The following is a schedule, by years, of
maturities of lease liabilities as of December 31, 2024:

                                             December 31,                 
  For the year ending December 31, 2025      $                   801,986  
  For the year ending December 31, 2026                          216,185  
  Total lease payments                                         1,018,171  
  Less: Imputed interest                                        ( 32,490  
  Present value of lease liabilities         $                   985,681  

6. SHORT-TERM
LOANS

  Short-term loans from