Company: MKDWW
Filing Date: 2025-04-03
Form Type: F-1
Source: 0001641172-25-002610
Chunk: 193

Company: MKDWELL Tech Inc.
Filing Date: 2025-04-03
Form: F-1
Chunk 193
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 – Continued |

The components of lease expense were as follows within the consolidated statements of comprehensive loss:

SCHEDULE OF LEASE EXPENSE

| Operating lease:               |     | 2022                             
 For the years ended December 31, 
 2022                             |        |     | 2023 
 2023 |        |     | 2024 
 2024 |        |
|:-------------------------------|:----|:---------------------------------|-------:|:----|:-----|-------:|:----|:-----|-------:|
| Operating lease expense        |     | $                                | 67,290 |     | $    | 64,361 |     | $    | 62,449 |
| Short-term lease expense       |     |                                  |    938 |     |      |  1,204 |     |      |  1,102 |
| Total operating lease expenses |     | $                                | 68,228 |     | $    | 65,565 |     | $    | 63,551 |
| Financing leases:              |     |                                  |        |     |      |        |     |      |        |
| Amortization expense           |     |                                  | 26,463 |     |      | 25,150 |     |      |  8,407 |
| Interest expense               |     |                                  |  2,850 |     |      |  1,299 |     |      |      - |
| Total financing lease expenses |     | $                                | 29,313 |     | $    | 26,449 |     | $    |  8,407 |
| Total lease expenses           |     | $                                | 97,541 |     | $    | 92,014 |     | $    | 71,958 |

For the years ended December 31, 2022, 2023 and 2024, cash paid for operating leases were US$ 67,290, US$ 64,361 and US$ 62,449, and financing leases
were US$29,038, US$18,398and nil, respectively. The disposal
gain were nil, US$18,994and nil for
the years ended December 31, 2022, 2023 and 2024, respectively.

Supplemental balance sheet information related to leases was as follows:

SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO