Company: BIAF
Filing Date: 2025-05-02
Form Type: S-1
Source: 0001641172-25-008170
Chunk: 208

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-05-02
Form: S-1
Chunk 208
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Note 3. ACCOUNTS AND OTHER RECEIVABLES, NET

Accounts and other receivables at December 31, 2024 and 2023, are summarized below:

SCHEDULE OF ACCOUNTS AND OTHER RECEIVABLES

|                                     |     | December 
 31,      |      2024 |     |   |    2023 |
|:------------------------------------|:----|:---------|----------:|:----|:--|--------:|
| Patient service fees                |     | $        |   915,488 |     | $ | 657,717 |
| Histology service fees              |     |          |   190,648 |     |   | 121,301 |
| Medical director fees               |     |          |     5,194 |     |   |   3,103 |
| Other receivables                   |     |          |    27,874 |     |   |  29,553 |
| Total                               
 accounts and other receivables, net |     | $        | 1,139,204 |     | $ | 811,674 |

Note 4. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets at December 31, 2024 and 2023, are summarized below:

SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS

|                                           |     | December 
 31,      |    2024 |     |   |    2023 |
|:------------------------------------------|:----|:---------|--------:|:----|:--|--------:|
| Prepaid insurance                         |     | $        | 248,364 |     | $ | 171,855 |
| Legal and professional                    |     |          |  27,448 |     |   |  24,476 |
| Other                                     |     |          | 147,183 |     |   | 124,686 |
| Total                                     
 prepaid expenses and other current assets |     | $        | 422,995 |     | $ | 321,017 |

Note 5. PROPERTY AND EQUIPMENT, NET

Property and equipment at December 31, 2024 and 2023, are summarized below:

SCHEDULE OF PROPERTY AND EQUIPMENT

|                                |     | December 
 31,      |     2024 |   |     |   |     202