Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 2324

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 15
Chunk 2324
---
 rights agreements with stockholders, pursuant to which the investors were granted certain demand registration rights and/or piggyback and/or resale registration rights in connection with subsequent registered offerings of the Company’s common stock.

    F-31

Note 11 – Leases

The following table presents the Company’s ROU assets and lease liabilities as of December 31, 2024 and 2023:

    Schedule of ROU asset and liability classifications

    Lease Classification
     
    December 31, 2024

    December 31, 2023

    ROU assets:

    Operating
     
    $
    825,665

    $
    -

    Financing

    -

    138

    Total ROU assets
     
    $
    825,665

    $
    138

    Liabilities

    Current:

    Operating
     
    $
    173,726

    $
    147,943

    Finance

    -

    280

    Noncurrent:

    Operating

    1,847,889

    2,021,616

    Finance

    -

    -

    Total lease liabilities
     
    $
    2,021,615

    $
    2,169,839

Maturities of lease liabilities for the Company’s lone operating lease as of December 31, 2024 by year are as follows:

    Schedule of maturities of lease liabilities

    Maturity of Lease Liabilities
     
    Operating

    Finance

    Total

    2025
     
    $
    368,179

    $
    -

    $
    368,179

    2026

    378,279

    -

    378,279

    2027

    388,682

    -

    388,682

    2028

    399,388

    -

    399,388

    2029

    410,397

    -

    410,397

    Thereafter

    927,902

    -

    927,902

    Total lease payments

    2,872,827

    -

    2,872,827

    Less: interest

    (851,212
    )

    -

    (851,212
    )
  
    Present value of lease liabilities
     
    $
    2,021,615

    $
    -

    $