v3.26.1
Lease Commitment
12 Months Ended
Dec. 31, 2025
Disclosure Text Block Supplement [Abstract]  
Lease Commitment

13. Lease Commitment

 

The Company rents office space for its administrative operations under an agreement that expires in 2027. In determining the present value of lease payments, the Company uses its incremental borrowing rate obtained from its main commercial bank.

 

Future payments under operating lease arrangements accounted for under ASC Topic 842 as of December 31, 2025 are as follows:

 

2026  $104,831 
2027   98,723 
Total operating lease payments, undiscounted  $203,554 
Less: interest   (36,258)
Lease liability, at present value  $167,296