Leases (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Leases |
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| Schedule of lease-related assets and liabilities |
The following table presents the lease-related assets and liabilities and their respective classification on the condensed consolidated balance sheets: | | | | | | | | | June 30, | | December 31, | | | 2026 | | 2025 | ASSETS | | | | | | Noncurrent | | | | | | | Operating lease right-of-use assets | | $ | 2,744,138 | | $ | 2,930,441 | Total operating lease right-of-use assets | | $ | 2,744,138 | | $ | 2,930,441 | | | | | | | | LIABILITIES | | | | | | | Current | | | | | | | Current maturities of operating leases | | $ | 769,837 | | $ | 661,047 | Noncurrent | | | | | | | Noncurrent operating leases | | | 1,999,465 | | | 2,297,161 | Total lease liabilities | | $ | 2,769,302 | | $ | 2,958,208 | | | | | | | | Weighted average remaining lease term: | | | | | | | Operating leases | | | 3.8 years | | | 4.2 years | | | | | | | | Weighted average discount rate: | | | | | | | Operating leases | | | 6.55% | | | 6.55% |
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| Schedule of components of lease costs |
The components of lease costs were as follows: | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | Operating lease costs | | $ | 226,220 | | $ | 219,578 | | $ | 435,791 | | $ | 427,133 | Short-term lease costs | | | 62,900 | | | 100,303 | | | 120,652 | | | 199,328 | Lease costs - discontinued operations | | | 1,167 | | | 1,921 | | | 2,343 | | | 4,618 | Total lease costs | | $ | 290,287 | | $ | 321,802 | | $ | 558,786 | | $ | 631,079 |
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| Schedule of tax payments, net of refunds received during the year |
Supplemental cash flow information related to leases is as follows: | | | | | | | | | Six Months Ended June 30, | | | 2026 | | 2025 | Cash paid for amounts included in measurement of liabilities: | | | | | | | Operating cash outflows for operating leases | | $ | 506,879 | | $ | 453,172 |
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| Schedule of future lease payments relating to the company's operating lease liabilities |
Future lease payments relating to the Company’s operating lease liabilities from continuing operations as of June 30, 2026 were as follows: | | | | Years ending December 31, | | Total | 2026 | | $ | 484,371 | 2027 | | | 903,681 | 2028 | | | 837,819 | 2029 | | | 546,333 | 2030 | | | 302,193 | Thereafter | | | 76,064 | Total future lease payments | | | 3,150,461 | Less: imputed interest | | | (381,159) | Total lease obligations | | | 2,769,302 | Less: current obligations | | | (769,837) | Noncurrent lease obligations | | $ | 1,999,465 |
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