The components of lease expense
were as follows:
| | |
For the Three Months Ended | |
| | |
March 31, | |
| | |
2026 | | |
2025 | |
| Right-of-Use lease cost: | |
| | |
| |
| Amortization of right-of-use asset related to continuing operations | |
$ | 32,621 | | |
$ | 1,116,304 | |
Supplemental balance sheet information related
to leases was as follows:
| | | March 31,
2026 | | | December 31,
2025 | | | Operating lease: | | | | | | | | Operating lease assets | | $ | 44,350 | | | $ | 76,971 | | | | | | | | | | | | | Current portion of operating lease liability | | $ | 43,772 | | | $ | 78,171 | | | Noncurrent operating lease liability related to discontinued operations | | | - | | | | 346,861 | | | Total operating lease liability | | $ | 43,772 | | | $ | 425,032 | | | | | | | | | | | | | Weighted average remaining lease term: | | | | | | | | | | Operating leases (in years) | | | 0.3 | | | | 0.6 | | | Weighted average discount rate: | | | | | | | | | | Operating lease | | | 8.04 | % | | | 8.00 | % |
Supplemental cash flow and other information related
to operating leases was as follows:
| | |
For the Three Months Ended | |
| | |
March, 31, | |
| | |
2026 | | |
2025 | |
| Cash paid for amounts included in the measurement of lease liabilities: | |
| | |
| |
| Operating cash flows used for operating leases - continuing operations | |
$ | 385,211 | | |
$ | 445,727 | |
| Operating cash flows used for operating leases - discontinued operations | |
| - | | |
| - | |
|