v3.25.2
Operating Lease (Tables)
6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Summary of Total Lease and Operating Expenses
The following table summarizes the total lease and operating expenses for the three-month and six-month periods ended June 30, 2025 and 2024:
June 30,
2025
June 30,
2024
Three Months Ended$258,381 $235,071 
Six Months Ended$481,836 $436,666 
Future Minimum Lease Payments under Operating Leases
The following table provides a maturity analysis of the Company’s operating lease liability, based on undiscounted cash flows, as of June 30, 2025:
As of June 30, 2025
2025$389,935 
2026821,231 
2027845,928 
2028871,429 
2029897,430 
2030 and Thereafter5,169,841 
Total undiscounted operating lease payments8,995,794 
Less: Imputed interest(2,415,643)
Present value of operating lease liability$6,580,151