Company: BIAF
Filing Date: 2025-04-15
Form Type: DRS
Source: 0001641172-25-004915
Chunk: 201

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-04-15
Form: DRS
Chunk 201
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.07 | % |
| Finance leases   |     |      | 8.03 | % |     |      | 8.01 | % |

SCHEDULE OF FUTURE MINIMUM LEASE PAYMENT UNDER NON-CANCELLABLE

|                               |     | Operating 
 Leases    |         |   |     | Finance 
 Leases  |         |   |
|:------------------------------|:----|:----------|--------:|:--|:----|:--------|--------:|:--|
| 2025                          |     | $         | 157,837 |   |     | $       | 448,505 |   |
| 2026                          |     |           | 159,282 |   |     |         | 270,395 |   |
| 2027                          |     |           | 110,063 |   |     |         | 202,970 |   |
| 2028                          |     |           |  40,616 |   |     |         |       — |   |
| 2029                          |     |           |  42,252 |   |     |         |       — |   |
| 2030 and thereafter           |     |           |  28,919 |   |     |         |       — |   |
| Total undiscounted cash flows |     |           | 538,969 |   |     |         | 921,870 |   |
| Less discounting              |     |           | (69,373 | ) |     |         | (82,121 | ) |
| Present value of lease        
 liabilities                   |     | $         | 469,596 |   |     | $       | 839,749 |   |

| F-13 |

Note 10. NOTES PAYABLE

Toyota Corolla - 2024

On March 18, 2024, the Company entered into a finance agreement to purchase a 2024 Toyota Corolla for $33,620 with a maturity date of February 18, 2030. The loan bears fixed interest at a rate of 5.99% per annum, with monthly payments of $467, which is comprised of principal and interest. This loan is collateralized by the underlying vehicle. The balance of this loan as of December 31, 2024, and 2023 was $24,849 and $0, respectively. The current portion of the balance of this loan as of