Operating Leases — The Company leases office space in Atlanta, Georgia, which serves as its corporate headquarters, office space in Malta, which serves as its research and development facility, and vehicles in Malta that are considered operating lease arrangements under ASC 842 guidance. In addition, the Company contracts for month-to-month coworking arrangements in other office spaces in Denmark, Rwanda, and Japan to support its dispersed workforce. As of June 30, 2026, there were no minimum lease commitments related to month-to-month lease arrangements.

Initial lease terms are determined at commencement date, the date the Company takes possession of the property, and the commencement date is used to calculate straight-line expense for operating leases. Certain leases contain renewal options for varying periods, which are at the Company’s sole discretion. For leases where the Company is reasonably certain to exercise a renewal option, such option periods have been included in the determination of the Company’s Operating lease right-of-use assets and Operating lease liabilities. The Company’s leases have remaining terms of 1 to 3 years. As the Company’s leases do not provide an implicit rate, the present value of future lease payments is determined using the Company’s incremental borrowing rate based on information available at the commencement date.


	June 30, 2026		December 31, 2025
Operating lease right-of-use assets
Operating lease right-of-use assets	$	98,101	$	102,554

Operating lease liabilities
Short-term operating lease liabilities	$	47,178	$	56,883
Long-term operating lease liabilities	48,272		18,232
Total operating lease liabilities	$	95,450	$	75,115


Years Ending June 30,	Principal Payments		Imputed Interest Payments		Total Payments
2026	$	28,155	$	1,962	$	30,117
2027	43,459		2,349		45,808
2028	23,836		372		24,208
Total future maturities	$	95,450	$	4,683	$	100,133

Total lease expense, under ASC 842, was included in Selling, general, and administrative expenses in our unaudited condensed consolidated statement of operations for the three and six months ended June 30, 2026 and 2025 as follows:


	For the three months ended June 30,				For the six months ended June 30,
	2026		2025		2026		2025
Operating lease expense – fixed payments	$	37,422	$	41,043	$	74,705	$	79,091
Short term lease expense	11,784		9,510		21,135		20,758
Total lease expense	$	49,206	$	50,553	$	95,840	$	99,849


	For the six months ended June 30,
	2026		2025
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	(47,965)	$	(65,182)

Litigation — The Company is not currently involved with and does not know of any pending or threatening litigation against the Company or any of its officers or directors in connection with its business.