Company: BIAF
Filing Date: 2025-06-27
Form Type: POS AM
Source: 0001641172-25-016923
Chunk: 179

Company: bioAffinity Technologies, Inc.
Filing Date: 2025-06-27
Form: POS AM
Chunk 179
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     | Operating Leases |         |   |     | Finance Leases |         |   |
|:-----------------------------------|:----|:-----------------|--------:|:--|:----|:---------------|--------:|:--|
| Remaining for 2025                 |     | $                | 118,497 |   |     | $              | 336,379 |   |
| 2026                               |     |                  | 159,282 |   |     |                | 270,395 |   |
| 2027                               |     |                  | 110,063 |   |     |                | 202,970 |   |
| 2028                               |     |                  |  40,616 |   |     |                |       — |   |
| 2029                               |     |                  |  42,252 |   |     |                |       — |   |
| 2029                               |     |                  |       - |   |     |                |       — |   |
| 2030 and thereafter                |     |                  |  28,919 |   |     |                |       — |   |
| Total undiscounted cash flows      |     |                  | 499,629 |   |     |                | 809,744 |   |
| Less discounting                   |     |                  | (60,872 | ) |     |                | (70,261 | ) |
| Present value of lease liabilities |     | $                | 438,757 |   |     | $              | 739,483 |   |

| F-12 |

Note 10. NOTES PAYABLE

Vehicles Notes Payable

On January 10, 2025, the Company entered
into a second Finance Agreement to purchase a 2024 Toyota Corolla for $33,517
with a maturity date of January 18, 2031. The loan bears fixed interest at a rate of 11.65%
per annum, with monthly payments of $651,
which is comprised of principal and interest. This loan is collateralized by the underlying vehicle. The balance of this loan as of March
31, 2025, was $32,882.
The current portion of the balance of this loan as of March 31, 2025 was $4,247.

On March 18, 2024, the Company entered
into a Finance Agreement to purchase a 2024 Toyota Cor