Galaxy Gaming, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

12 Months Ended

Dec. 31, 2025

Supplemental balance sheet information related to leases is as follows:


	Year Ended December 31,
	2025			2024
Operating leases:
Operating lease right-of-use lease assets	$	280,429		$	533,163

Operating lease current liabilities	$	298,006		$	286,019
Operating lease long-term liabilities		2,944			297,714
Total operating lease liabilities	$	300,950		$	583,733

Weighted-average remaining lease term in years:
Operating leases		1.01			1.98
Weighted-average discount rate:
Operating leases		4.4	%		4.6	%

The components of lease expense are as follows:


	Year Ended December 31,
	2025		2024
Operating lease cost (1)	$	282,106	$	290,836
(1) Classified as selling, general and administrative expense

Supplemental cash flow information related to leases is as follows:


	Year Ended December 31,
	2025		2024
Cash paid for amounts included in the measurement of lease liabilities:
Principal and interest payments related to operating leases	$	309,905	$	299,595

Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	$	6,914	$	—

At December 31, 2025, future maturities of our operating lease liabilities are as follows:


	Amount
Years ended December 31,
2026	$	305,311
2027		2,985
Total minimum lease payments		308,296
Less: imputed interest		(7,346	)
Total operating lease liability		300,950
Less: current portion		(298,006	)
Long-term portion	$	2,944