v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Schedule of Lease Costs

Lease Costs

 

   Three Months
Ended
March 31,
2026		   Three Months
Ended
March 31,
2025		 
Components of total lease costs:        
Operating lease expense  $294,882   $262,206 
Total lease costs  $294,882   $262,206 

ROU lease assets and lease liabilities for our operating leases are recorded on the balance sheet as follows:

 

   March 31,
2026		   December 31,
2025		 
Assets        
Right of use asset – long term  $966,701   $1,204,526 
Total right of use asset  $966,701   $1,204,526 
           
Liabilities          
Operating lease liabilities – short term  $638,568   $808,179 
Operating lease liabilities – long term   288,890    342,904 
Total lease liability  $927,458   $1,151,083 

 

Lease Terms and Discount Rate as of March 31, 2026

 

Weighted average remaining lease term (in years) – operating leases   1.76 
Weighted average discount rate – operating leases   8.00%
Schedule of Maturities of Leases

Maturities of leases are as follows:

 

2026  $530,003 
2027   389,165 
2028   98,005 
Total lease payments  $1,017,173 
Less imputed interest   (89,715)
Less current portion   (638,568)
Total maturities, due beyond one year  $288,890