Related Parties Transactions |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Related Parties Transactions | |
| Related Parties Transactions | 24. Related Parties Transactions As of December 31, 2025, and 2024, there was $1,994,930 and $0, respectively, due to related parties. Details surrounding the lending relationships between the Company and Chicago Atlantic, are described in Notes 13 and 14. During the years ended December 31, 2025 and 2024, the Company paid Chicago Atlantic $0 and $712,720, respectively, for services rendered in connection with the Mergers (Note 3), which is included in transaction related expenses in the consolidated statement of net loss and comprehensive loss. During the year ended December 31, 2025, the Company issued restricted stock units (“RSUs”) to certain consultants affiliated with Chicago Atlantic in exchange for services rendered. The resulting share-based compensation expense was not material to the Company’s financial statements.
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