Company: ABLV
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001213900-25-093928
Chunk: 19

Company: Able View Global Inc.
Filing Date: 2025-09-30
Form: 6-K
Chunk 19
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 terms of 48 months. The Company considers those renewal or termination options that are reasonably certain to be exercised in the determination of the lease term and initial measurement of right of use assets and lease liabilities. Lease expense for lease payment is recognized on a straight-line basis over the lease term. The Company determines whether a contract is or contains a lease at inception of the contract and whether that lease meets the classification criteria of a finance or operating lease. When available, the Company uses the rate implicit in the lease to discount lease payments to present value; however, most of the leases do not provide a readily determinable implicit rate. Therefore, the Company discount lease payments based on an estimate of the incremental borrowing rate. For operating leases that include rent holidays and rent escalation clauses, the Company recognizes lease expense on a straight-line basis over the lease term from the date it takes possession of the leased property. The Company records the straight-line lease expense and any contingent rent, if applicable, in general and administrative expenses on the condensed consolidated statements of operations and comprehensive income (loss). The corporate office lease also requires the Company to pay real estate taxes, common area maintenance costs and other occupancy costs which are included in the general and administrative expenses on the condensed consolidated statements of operations and comprehensive income (loss). The lease agreements do not contain any material residual value guarantees or material restrictive covenants. 17 ABLE VIEW GLOBAL INC.
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 6. OPERATING LEASE (cont. )

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

|                                      |     |   | June 30, 
     2025 |     |   | December 31, 
         2024 |
|:-------------------------------------|:----|:--|---------:|:----|:--|-------------:|
| Right of use assets                  |     | $ |    6,882 |     | $ |       13,599 |
| Operating lease liabilities, current |     | $ |    2,362 |     | $ |        9,163 |
| Total operating lease liabilities    |     | $ |    2,362 |     | $ |        9,163 |

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

|                                               |     | For the Six Months Ended 
 June 30,                 |   2025 |   |     |   |   2024 |