v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases  
Schedule of Operating Lease and Finance Lease Costs

The components of operating and finance lease costs are as follows for the three and six months ended June 30 :

 

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
Operating lease cost  $-   $-   $-   $- 
Finance Lease Cost:                    
Amortization of assets  $82,157   $82,157   $164,314   $164,314 
Interest on liabilities   33,078    40,073    68,076    81,837 
                     
Total lease cost  $115,235   $122,230   $232,390   $246,151 
Schedule of Cash Flow Information Related To Leases

Supplemental cash flow information related to leases are as follows for the three and six months ended June 30:

 

   2026   2025   2026   2025 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2026   2025   2026   2025 
Cash paid for amounts included in measurement of lease obligations:                    
Operating cash flows from operating leases  $-   $-   $-   $- 
Operating cash flows from finance leases   33,078    40,073    68,076    81,837 
Financing cash flows from finance leases  $96,168   $88,576   $190,417   $115,300 
Schedule of Weighted Average Remaining Lease Term

The following table summarizes weighted average remaining lease term and discount rates as of June 30, 2026, and December 31, 2025:

 

   June 30, 2026   December 31, 2025 
Weighted average remaining lease term (years)          
Operating leases   N/A     N/A  
Finance leases   3.51    4.00 
Weighted average discount rate          
Operating leases   N/A     N/A  
Finance leases   8.4%   8.4%
Schedule of Future Maturities of Lease Liabilities

Future maturities of our lease liabilities are as follows as of June 30, 2026:

 

      
2026 remainder of year  $256,762 
2027   513,525 
2028   513,525 
2029   513,524 
Thereafter   - 
Total Undiscounted Lease Obligations   1,797,336 
Less: Imputed Interest   (218,338)
      
Present Value of Lease Obligations  $1,578,998