Quantum Cyber N.V. Leases Disclosure
NOTE 9 – OPERATING LEASES
The Company have operating leases for office space, vehicles, office equipment and laboratory equipment. The Company’s leases have remaining lease terms of less than 0.25 years to 5.00 years.
The components of lease expense were as follows:
| Years ended | ||||||||
| December 31, | ||||||||
| 2025 | 2024 | |||||||
| Operating lease cost | $ | 416,943 | $ | 430,194 | ||||
Supplemental information related to leases was as follows:
| December 31, | December 31, | |||||||
| 2025 | 2024 | |||||||
| Right-of-use assets | $ | 1,277,356 | $ | 1,098,074 | ||||
| Operating lease liabilities - current portion | $ | 356,126 | $ | 264,982 | ||||
| Operating lease liabilities – non-current portion | $ | 992,480 | $ | 945,203 | ||||
| Years ended | ||||||||
| December 31, | ||||||||
| 2025 | 2024 | |||||||
| Cash paid for operating cash flows from operating leases | $ | 416,634 | $ | 408,955 | ||||
| Right-of-use asset obtained in exchange for new operating lease liabilities | $ | 312,021 | $ | 48,272 | ||||
| Weighted-average remaining lease term - operating leases (year) | 4.06 | 4.54 | ||||||
| Weighted-average discount rate — operating leases | 9.13 | % | 9.81 | % | ||||
The following table outlines the maturities of the Company’s operating lease liabilities as of December 31, 2025:
| Year ending December 31, | ||||
| 2026 | $ | 464,504 | ||
| 2027 | 361,651 | |||
| 2028 | 351,303 | |||
| 2029 | 234,760 | |||
| 2030 | 202,145 | |||
| Thereafter | 12,250 | |||
| Total lease payments | 1,626,613 | |||
| Less: Imputed interest | (278,007 | ) | ||
| Operating lease liabilities | $ | 1,348,606 | ||
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.