v3.26.1
Leases (Tables)
3 Months Ended
Mar. 31, 2026
Leases  
Schedule of lease-related assets and liabilities

The following table presents the lease-related assets and liabilities and their respective classification on the condensed consolidated balance sheets:

  ​ ​ ​

March 31, 

December 31, 

2026

2025

ASSETS

 

  ​

Noncurrent

 

 

Operating lease right-of-use assets

$

2,712,619

$

2,930,441

Total operating lease right-of-use assets

$

2,712,619

$

2,930,441

LIABILITIES

  ​ ​ ​

  ​

 

  ​

Current

 

  ​

  ​

Current maturities of operating leases

$

619,659

$

661,047

Noncurrent

 

 

Noncurrent operating leases

2,146,943

2,297,161

Total lease liabilities

$

2,766,602

$

2,958,208

Weighted average remaining lease term:

 

  ​

 

  ​

Operating leases

 

4.0 years

 

4.2 years

 

 

Weighted average discount rate:

 

 

Operating leases

 

6.62%

 

6.55%

Schedule of components of lease costs

The components of lease costs were as follows:

  ​ ​ ​

Three Months Ended March 31, 

2026

2025

Operating lease costs

$

209,571

$

207,555

Short-term lease costs

 

57,752

99,025

Lease costs - discontinued operations

1,176

2,697

Total lease costs

$

268,499

$

309,277

Schedule of tax payments, net of refunds received during the year

Supplemental cash flow information related to leases is as follows:

  ​ ​ ​

Three Months Ended March 31, 

2026

2025

Cash paid for amounts included in measurement of liabilities:

 

  ​

Operating cash outflows for operating leases

$

227,041

$

218,376

Schedule of future lease payments relating to the company's operating lease liabilities

Future lease payments relating to the Company’s operating lease liabilities from continuing operations as of March 31, 2026 were as follows:

Years ending December 31, 

  ​ ​ ​

Total

2026

$

586,308

2027

 

817,737

2028

 

837,819

2029

 

546,333

2030

302,193

Thereafter

 

76,064

Total future lease payments

 

3,166,454

Less: imputed interest

 

(399,852)

Total lease obligations

 

2,766,602

Less: current obligations

 

(619,659)

Noncurrent lease obligations

$

2,146,943