The Company has entered into operating leases for offices and sublease purposes, with terms ranging from two to seven years, and finance leases for certain medical and office equipment, with terms of four to five years. The estimated effect of lease renewal and termination options, as applicable, that are reasonably certain to be exercised in the determination of the lease term and initial measurement of right-of-use assets and lease liabilities was included in the unaudited consolidated financial statements.

During the six months ended June 30, 2026 and 2025, certain operating leases were guaranteed by related parties of the Company.

Operating lease expenses for lease payments are recognized on a straight-line basis over the lease term. Finance lease costs include amortization, which is recognized on a straight-line basis over the expected life of the leased assets, and interest expenses, which are recognized following an effective interest rate method. Leases with an initial term of twelve months or less are not recorded in the unaudited consolidated balance sheets.

The components of lease costs are as follows:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2026		2025		2026		2025
Finance lease costs:
Amortization of finance lease right-of-use assets	$	28,495	$	30,870	$	60,347	$	40,920
Interest on finance lease liabilities		2,521		2,977		5,467		5,223
Total finance lease costs		31,016		33,847		65,814		46,143
Operating lease costs		1,464,681		1,211,006		2,910,340		2,197,506
Short-term lease costs		64,259		114,987		112,339		155,328
Total lease costs	$	1,559,956	$	1,359,840	$	3,088,493	$	2,398,977

The following table presents supplemental information related to the Company’s leases:


	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	$	2,876,789		$	2,275,398
Operating cash flows from finance leases		5,467			5,223
Financing cash flows from finance leases		71,942			278,097
Non-cash information:
Operating lease right-of-use assets obtained in exchange for operating lease liabilities		67,106			104,437
Finance lease right-of-use assets obtained in exchange for finance lease liabilities		—			612,466
Remeasurement of operating lease liabilities and right-of-use assets due to lease modifications		4,844,803			1,160,680
Weighted average remaining lease term (years)
Operating leases		2.19			1.75
Finance leases		2.07			2.60
Weighted average discount rate (per annum)
Operating leases		0.93	%		0.69	%
Finance leases		5.31	%		5.05	%

As of June 30, 2026, the future maturity of operating and finance lease liabilities is as follows:


Years ending December 31,	Operating Leases			Finance Leases
Remainder of 2026	$	2,781,068		$	56,110
2027		4,513,169			76,703
2028		2,805,266			43,782
2029		263,360			7,335
2030		53,061			—
Thereafter		12,317			—
Total undiscounted lease payments		10,428,241			183,930
Less: imputed interest		(126,686	)		(7,223	)
Present value of lease liabilities		10,301,555			176,707
Less: lease liabilities, current		(5,404,269	)		(99,627	)
Lease liabilities, non-current	$	4,897,286		$	77,080