General form of registration statement for all companies including face-amount certificate companies

LEASES (Tables)

v3.24.4
LEASES (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
LEASES    
Schedule of the company's undiscounted payments for its short-term leases and operating lease liabilities

Years ending September 30, 

    

Remaining period of 2024

$

36,000

2025

146,000

2026

150,000

2027

153,000

2028

155,000

Thereafter

53,000

Total undiscounted lease payments

693,000

Less: Imputed interest

(180,000)

Present value of lease liabilities

$

513,000

Years ending December 31,

    

  

  

2024

$

132,000

2025

 

146,000

2026

150,000

2027

153,000

2028

155,000

Thereafter

53,000

Total undiscounted lease payments

 

789,000

Less: Imputed interest

 

(236,000)

Present value of lease liabilities

 

$

553,000