v3.26.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet information related to operating leases as of December 31, 2025 and 2024:

 

 

Balance Sheet Line Item

December 31, 2025

 

December 31, 2024

 

Assets

 

 

 

 

 

 

ROU assets - operating lease

 

Right of use asset, net

$

268,236

 

$

360,947

 

ROU assets - finance lease

 

Right of use asset, net

 

460,759

 

 

577,694

 

Total lease assets

 

 

$

728,995

 

$

938,641

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

Current lease liabilities - operating lease

 

Current portion of lease liability

$

97,852

 

$

89,502

 

Current lease liabilities - finance lease

 

Current portion of lease liability

 

96,766

 

 

81,465

 

Long-term lease liabilities - operating lease

 

Lease liability - net of current portion

 

178,269

 

 

280,306

 

Long-term lease liabilities - finance lease

 

Lease liability - net of current portion

 

412,099

 

 

496,229

 

Total lease liabilities

 

 

$

784,986

 

$

947,502

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (in years) - operating lease

 

 

 

2.6

 

 

3.5

 

Weighted-average discount rate - operating lease

 

 

 

10.07

%

 

10.02

%

Weighted-average remaining lease term (in years) - finance lease

 

 

 

3.5

 

 

4.8

 

Summary of Supplemental Cash Flow Information and Non-cash Activity Related to Operating and Finance Leases

The following table presents supplemental cash flow information and non-cash activity related to operating and finance leases for the years ended December 31, 2025 and 2024:

Lease Supplemental Cash Flow Table

 

 

December 31,

 

 

 

 

2025

 

2024

 

Operating cash flow information

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

$

(232,736

)

$

(108,131

)

Non-cashflow information

 

 

 

 

 

 

ROU assets and finance lease obligation recognized

 

 

$

-

 

$

577,694

 

ROU assets and operating lease obligation recognized

 

 

$

-

 

$

281,780

 

ROU asset true-up

 

 

$

14,710

 

$

-

 

Accrued interest expense on finance lease

 

 

$

55,510

 

$

-

 

Schedule of Future Minimum Lease Payment Due

The following table presents maturities of lease liabilities on an undiscounted basis as of December 31, 2025:

Lease Maturity Table

 

 

 

 

 

 

 

 

 

Operating Leases

 

Finance Leases

 

Total Leases

 

2026

 

 

121,220

 

 

143,222

 

 

264,442

 

2027

 

 

121,598

 

 

147,518

 

 

269,116

 

2028

 

 

72,158

 

 

151,944

 

 

224,102

 

2029

 

 

-

 

 

181,502

 

 

181,502

 

2030 and thereafter

 

 

-

 

 

-

 

 

-

 

(less: imputed interest)

 

 

(38,855

)

 

(115,321

)

 

(154,176

)

 

 

$

276,121

 

$

508,865

 

$

784,986