v3.26.1
Operating and Finance Leases (Tables)
3 Months Ended
Mar. 31, 2026
Operating and Finance Leases [Abstract]  
Schedule of Leases Cost

The weighted-average remaining lease term and discount rate related to the leases were as follows:

 

   March 31,
2026
   December 31,
2025
 
   (Unaudited)     
Weighted-average remaining lease term        
Operating lease   2.34 Years    2.44 Years 
Finance lease   - Years    - Years 
Weighted-average discount rate          
Operating lease   6.00%   6.00%
Finance lease   
-
%   
-
%

The supplemental balance sheet information related to leases for the period is as follows:

 

   March 31,
2026
   December 31,
2025
 
   (Unaudited)     
Operating leases        
Right of use assets   339,250    404,637 
           
Lease Liability – current portion   145,540    176,873 
Lease Liability – net of current portion   193,710    227,765 
Total operating lease liabilities  $339,250   $404,638 

 

The components of lease expense are as follows within the unaudited condensed consolidated statements of operations and comprehensive loss for the three months ended March 31, 2026 and 2025:

   For the Three Months Ended 
   March 31, 
   2026   2025 
   (Unaudited)   (Unaudited) 
Lease expense   66,274    32,167 
Sublease rental income   (1,912)   (1,969)
Net lease expense  $64,362   $30,198 
Schedule of Minimum Lease Payments in Future Periods

The following table sets forth the Company’s minimum lease payments in future periods:

 

   Operating
lease
payments
 
     
Twelve months ending March 31, 2027  $160,924 
Twelve months ending March 31, 2028   135,676 
Twelve months ending March 31, 2029   67,084 
Total lease payments  $363,684 
Less: Imputed interest   24,434 
Present value of lease liabilities  $339,250 
Current portion   (145,540)
Non-current portion  $193,710