v3.25.2
LESSEE OPERATING LEASES (Tables)
6 Months Ended
Jun. 30, 2025
LESSEE OPERATING LEASES  
Schedule of components of the Company's operating lease costs

Three Months Ended June 30, 

Six Months Ended June 30, 

2025

2024

2025

2024

Lease cost:

  

  

  

  

Operating lease expense (1)

$

88,251

$

60,637

$

176,316

$

123,819

Total Lease Cost

$

88,251

$

60,637

$

176,316

$

123,819

(1)Represents the Company’s operating lease expense related to its ROU assets for the three and six months ended June 30, 2025 and 2024.
Schedule of company's maturities of operating lease liabilities

    

Operating Leases (1)

Remainder of 2025

$

167,523

2026

 

342,542

2027

 

350,067

2028

 

355,296

2029

 

348,908

Thereafter

 

2,134,718

Total undiscounted lease payments

 

3,699,054

Less Imputed interest

 

(1,219,978)

Total lease liabilities - net

$

2,479,076

(1)Excludes the Company’s variable lease payments for operating leases (such as payments based on revenues derived from the communications infrastructure located on the leased asset) as such arrangements are excluded from the Company’s operating lease liability.