Leased Properties (Tables)

3 Months Ended

Mar. 31, 2026

The components of lease cost recorded in the Company's condensed consolidated statements of operations and comprehensive loss were as follows:


	Three Months Ended March 31,
	2026		2025
Operating lease cost	$	196,308	$	196,918
Finance lease cost
Amortization of finance lease	436,194		149,994
Interest on finance lease liability	21,150		18,859
Variable lease cost	34,314		36,116
Total lease cost	$	687,966	$	401,887

Maturities of the Company's finance and operating lease liabilities as of March 31, 2026 were as follows:


Year	Operating Leases		Finance Lease		Total
2026 (remaining)	$	510,505	$	611,800	$	1,122,305
2027	583,046		—		583,046

Total lease payments	1,093,551		611,800		1,705,351
Less: amount representing interest	(76,742)		(14,248)		(90,990)
Present value of lease liabilities	$	1,016,809	$	597,552	$	1,614,361

Maturities of the Company's finance and operating lease liabilities as of March 31, 2026 were as follows:


Year	Operating Leases		Finance Lease		Total
2026 (remaining)	$	510,505	$	611,800	$	1,122,305
2027	583,046		—		583,046

Total lease payments	1,093,551		611,800		1,705,351
Less: amount representing interest	(76,742)		(14,248)		(90,990)
Present value of lease liabilities	$	1,016,809	$	597,552	$	1,614,361

The weighted-average remaining lease terms and discount rates related to the Company's leases were as follows:


	As of March 31,
	2026		2025
Weighted-average remaining lease term (in years)
Operating leases	1.67		2.25
Finance lease	0.75		1.75
Weighted-average discount rate
Operating leases	9.1	%	10.5	%
Finance lease	9.5	%	9.5	%

Supplemental cash flow information related to the Company's leases was as follows:


	Three Months Ended March 31,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities
Financing cash flows from finance lease	$	896,549	$	—
Operating cash flows from finance lease	$	21,150	$	18,859
Operating cash flows from operating leases	$	169,576	$	164,490