v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
Future minimum rental payments

 

 

As of

December 31,

2025

 

 

As of

December 31,

2024

 

Weighted Average Years

 

 

2.73

 

 

 

3.57

 

Weighted Average Discount

 

 

5.10%

 

 

5.27%

 

 

Year ended

December 31,

2025

 

 

Year ended

December 31,

2024

 

Total Lease Expense

 

 257,100

 

 

 326,600

 

Total Cash Payments

 

$408,400

 

 

$381,200

 

Schedule of future minimum lease payments

For the years ended December 31,

 

Amount

 

2026

 

$418,800

 

2027

 

 

409,200

 

2028

 

 

209,400

 

Total future minimum payments

 

$1,037,400

 

Less: Imputed interest

 

 

(60,000 )

Total Present Value of Operating Lease Liabilities

 

$977,400