Note 7 – Operating Leases

 

The Company has assumed in the February 2024 business combination of Rotor Riot, a five-year operating lease for approximately 6,900 square feet of warehouse and office space in Orlando, Florida. The lease commenced in November 2023 and expires in October 2028. The Company has valued the ROUA and the associated liability, as of February 16, 2024, at $378,430. Operating lease expense totaled $105,145 and $92,002, respectively for the years ended December 31, 2025 and 2024.

 

In June 2025, Unusual Machines signed a lease agreement for an additional 17,000 square feet of warehouse/office space in Orlando, FL. This space will be used primarily for motor production. The lease commencement date is August 1, 2025 and currently runs through August 21, 2030. The Company has valued the ROUA and the associated liability, as of August 1, 2025, at $973,443. Operating lease expense totaled $105,719 and $0, respectively for the years ended December 31, 2025 and 2024.

 

In October 2025, Unusual Machines signed a lease agreement for an additional 25,000 square feet of warehouse/office space in Orlando, FL. This space will be used primarily for order fulfillment and inventory storage. The lease commencement date is December 1, 2025 and currently runs through December 31, 2030. The Company has valued the ROUA and the associated liability, as of December 1, 2025, at $1,430,522. Operating lease expense totaled $31,071 and $0, respectively for the years ended December 31, 2025 and 2024.

 

The Company has assumed in the acquisition of Rotor Lab on September 3, 2025, a three-year operating lease of warehouse and office space in Canberra, Australia. The leased commenced in May 2024 and expires in April 2027. The Company has valued the ROUA and the associated liability, as of September 3, 2025, at $58,524. Operating lease expense totaled $10,527 and $0, respectively for the years ended December 31, 2025 and 2024.

 

The Company has no finance leases.

 

The following is a summary of the operating lease right-of-use assets and liabilities at December 31, 2025 and December 31, 2024:

        
   2025   2024 
Operating lease right-of-use assets  $2,881,628   $378,430 
Less: accumulated amortization   (274,372)   (54,916)
Operating lease right-of-use assets, as of December 31   2,607,256    323,514 
           
Operating lease liability   2,881,628    378,430 
Less: accumulated reduction   (251,573)   (48,439)
Operating lease liability, as of December 31   2,630,055    329,991 
           
Current operating lease liability   456,429    67,820 
Non-current operating lease liability   2,173,626    262,171 
Total operating lease liability  $2,630,055   $329,991 

 

The following is a summary of future lease payments required under the lease agreement:

            
Year  Future Lease
Payments
   Operating Lease
Discount
   Operating Lease
Liability
 
             
2026   728,007    (271,427)   456,581 
2027   729,055    (221,640)   507,415 
2028   724,262    (163,360)   560,902 
2029   655,281    (103,009)   552,272 
2030   585,355    (32,471)   552,884 
Total  $3,421,962   $(791,908)  $2,630,055 

 

            
Supplemental Information  UMAC   Rotor Riot   Rotor Lab 
Weighted average remaining lease term (in years)   4.83    2.83    1.33 
Weighted average discount rate   11.49%   11.49%   11.49%

 

Historical Timeline

Fiscal YearFiled
2025Mar 12, 2026Showing above
2024Mar 27, 2025

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.