Company: MKDWW
Filing Date: 2025-03-13
Form Type: 424B4
Source: 0001493152-25-010187
Chunk: 207

Company: MKDWELL Tech Inc.
Filing Date: 2025-03-13
Form: 424B4
Chunk 207
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| F-36 |

MKDWELL TECH INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, except share and per share data)

| 9. | REAL                                         
 ESTATE PROPERTIES FOR LEASE, NET - Continued |

As of December 31, 2023, minimum future real estate lease income on non-cancelable leases subsequent to December 31, 2023, in the aggregate and foreach of the five succeeding fiscal years and thereafter, are as follows:

SCHEDULE OF MINIMUM FUTURE REAL ESTATE LEASE INCOME

| For the fiscal years ended December 31, 
 2024                                    
 thereafter                              |     | Amount | 45,190 
      - |
|:----------------------------------------|:----|:-------|-------:|
| Total                                   |     | $      | 45,190 |

10. LEASES

The Company had entered into an operating lease agreement for factories located in Taiwan, and two financing leases agreements for vehicles.

SCHEDULE OF OPERATING AND FINANCE LEASE RIGHT-OF-USE ASSETS

|                                          |     | As of December 31, 
 2022               |    2022 |     | 2023 |    2023 |
|:-----------------------------------------|:----|:-------------------|--------:|:----|:-----|--------:|
| Operating lease right-of-use assets, net |     | $                  | 182,764 |     | $    | 125,009 |
| Operating lease liabilities, current     |     |                    |  58,203 |     |      |  61,099 |
| Operating lease liabilities, non-current |     |                    | 124,561 |     |      |  63,910 |
| Total operating lease liabilities        |     | $                  | 182,764 |     | $    | 125,009 |

|                                          |     | As of December 31, 
 2022               |   2022 |     | 2023 |  2023 |
|:-----------------------------------------|:----|:-------------------|-------:|:----|:-----|------:|
| Financing lease right-of-use assets, net |     | $                  | 46,058 |     | $    | 8,523 |
| Finance lease liabilities, current       |     |                    | 47,244 |     |      |     - |
| Total financing lease liabilities