v3.26.1
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of loss on lease termination

Loss on lease termination of $15,018 was calculated as follows:

 

     
Right-of-Use Asset  $28,228 
Cash paid to terminate lease   20,000 
Lease liability   (33,210)
Loss on lease termination  $15,018 
Schedule of operating lease asset and liability

The tables below present information regarding the Company’s operating lease asset and liability at June 30, 2026 and December 31, 2025, respectively:

 

  June 30, 2026   December 31, 2025 
Assets          
           
Operating lease - right-of-use asset - non-current  $160,107   $179,711 
           
Liabilities          
           
Operating lease liability  $169,672   $184,298 
           
Weighted-average remaining lease term (years)   4.09    4.58 
           
Weighted-average discount rate   8%   8%
Schedule of operating lease expense

The components of lease expense were as follows:

 

  June 30, 2026   June 30, 2025 
         
Operating lease costs          
           
Amortization of right-of-use operating lease asset  $19,604   $8,065 
Lease liability expense in connection with obligation repayment   7,130    1,635 
Total operating lease costs  $26,734   $9,700 
           
Supplemental cash flow information related to operating leases was as follows:          
           
Operating cash outflows from operating lease (obligation payment)  $21,756   $9,700 
Right-of-use asset obtained in exchange for new operating lease liability  $-   $- 
Schedule of future minimum lease payments

Future minimum lease payments required under leases that have initial or remaining non-cancelable lease terms in excess of one year at December 31,:

 

2026 (6 months)  $22,511 
2027   47,439 
2028   50,400 
2029   50,400 
Thereafter   29,400 
Total undiscounted cash flows   200,150 
Less: amount representing interest   30,478 
Present value of operating lease liability   169,672 
Less: current portion of operating lease liability   32,778 
Long-term operating lease liability  $136,894