Company: PETVW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001493152-25-011967
Chunk: 27

Company: PetVivo Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 maturity analysis of the annual undiscounted cash flows of the operating lease liabilities as of June 30, 2025:

 SCHEDULE OF MATURITY OF ANNUAL UNDISCOUNTED OPERATING LEASE LIABILITY

    2026 
    $244,731 
  
    2027 
     55,103 
  
    2028 
     - 
  
    2029 
     - 
  
    2030 
     - 
  
    Thereafter 
     - 
  
    Total 
    $299,834 
  
    Less: amount representing
    interest 
     (197,799)
  
    Total 
    $102,035 

    18

In
compliance with ASC 842, the Company recognized, based on the extended lease terms to June 2026, November 7, 2026, and March 2027, a
treasury rate of 0.12%, 0.40%, and 4.39%, respectively, an operating lease right-of-use assets for approximately $102,034 and corresponding
and equal operating lease liabilities for the leases. As of June 30, 2025, the present value of future base rent lease payments based
on the remaining lease terms and weighted average discount rate are approximately 3.7 years and 1.92%, respectively, are as follows:

 SCHEDULE OF BASE RENT LEASE PAYMENTS

    Present value of future base
    rent lease payments 
    $102,035 
  
    Base rent payments
    included in prepaid expenses 
     - 
  
    Present value of future
    base rent lease payments – net 
    $102,035 

As
of June 30, 2026, the present value of future base rent lease payments – net is classified between current and non-current assets
and liabilities as follows:

 SCHEDULE OF LEASE CURRENT AND NON-CURRENT ASSETS AND LIABILITIES

    Operating
    lease right-of-use asset
     
    $
    102,035

    Total
    operating lease assets

    102,035

    Operating
    lease current liability

    63,380

    Operating
    lease other liability

    38,655

    Total
    operating lease liabilities
     
    $
    102,035

Employment
Agreements

The
Company has employment agreements with its executive officers. As of June 30,