| Other Income (Expense) The Company recognized $2,030,537 and $(805,549) of other income (expense) for the three months ended March 31, 2026 and 2025, respectively, as set forth in the table below.
| | | | | | | | | | | | | Three Months Ended
March 31, | | | 2026 | | 2025 | | Other income (expense): | | | | | Interest expense, net | $ | (99,732) | | | $ | (426,284) | | | Loss on change in fair value of contingent consideration | (2,760,000) | | | — | | | Insurance proceeds | 4,687,798 | | | — | | | Loss on equity method investment | — | | | (40,698) | | | Loss on remeasurement of operating and finance leases | — | | | (40,837) | | | (Loss) gain on disposal of fixed assets | (62,493) | | | 15,139 | | | Other income (expense) | 264,964 | | | (312,869) | | | Total other income (expense) | $ | 2,030,537 | | | $ | (805,549) | |
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