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Lease Merchandise, Net
12 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Lease Merchandise, Net Lease Merchandise, Net
The Company's lease merchandise, net of accumulated depreciation as of December 31, 2025 and 2024 is as follows:
December 31,
20252024
Lease merchandise$2,300,781 $— 
Less: Accumulated depreciation(1,011,294)— 
Lease merchandise, net$1,289,487 $— 
Depreciation expense on lease merchandise for the years ended December 31, 2025 and 2024 was $1.6 million and zero, respectively.

The Company's merchandise on operating leases consisted mostly of sporting goods for the year ended December 31, 2025. All of the Company's customer agreements are considered operating leases, and the Company currently does not have any sales-type or direct financing leases. There were no merchandise leases as of December 31, 2024.
The Company recognized an impairment on leased merchandise of $0.5 million for the year ended December 31, 2025 and this impairment is included in general and administrative expenses in the Consolidated Statements of Operations. There was no impairment on leased merchandise for the year ended December 31, 2024.