v3.26.1
Leases
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
LEASES

Note 11 LEASES

 

Operating Lease

 

On December 12, 2025, the Company entered into an operating lease for office space located in San Diego California, United States. The lease has a term of 3 years, commencing on January 1, 2026, and expiring on December 31, 2028. The lease provides for monthly base rent of $5,940.90, subject to annual escalation of 3%. The Company’s incremental borrowing rate used to discount the lease liability was 5%.

 

As of December 31, 2025, the Company had made only the initial signing payment of $18,362. Remaining future lease payments had not yet commenced.

 

Balance Sheet Classification

 

Operating Lease

 

   December 31, 2025 
Right-of-use asset, net  $187,395 
Lease liability — current  $39,578 
Lease liability — non-current   129,454 
Total lease liability  $169,032 

 

Lease Cost

 

   Year Ended
12/31/2025
 
Operating lease cost  $
         -
 
Short-term lease cost   
-
 
Total lease cost  $
-
 

 

Future Minimum Lease Payments

 

Year Ending December 31, 2025  Amount 
2026  $47,527 
2027   67,310 
2028   69,330 
Thereafter   
-
 
Total undiscounted lease payments   184,167 
Less: imputed interest   (15,135)
Present value of lease liabilities  $169,032 

Supplemental Information

 

   Year Ended
12/31/2025
 
Cash paid for amounts included in lease liabilities  $
            -
 
Weighted-average remaining lease term (years)   2.9 
Weighted-average discount rate   5.0%