Leases (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Leases [Abstract] |
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| Lessee, Operating Lease, Liability, to be Paid, Maturity |
Future minimum lease payments included in the measurement of operating lease liabilities on the condensed consolidated balance sheet as of June 30, 2026, were as follows: | | | | | | | | | | | Operating Lease | | 2026 (Remaining) | | 130,080 | | | 2027 | | 260,160 | | | 2028 | | 260,160 | | | 2029 | | 315,160 | | | 2030 | | 320,160 | | | Thereafter | | 998,919 | | | Total minimum lease payments | | $ | 2,284,639 | | | Less: Imputed interest | | (718,839) | | | Present value of future minimum lease payments | | $ | 1,565,800 | | | Less: Current portion | | (106,795) | | | Lease liabilities, net of current portion | | $ | 1,459,005 | |
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| Finance Lease, Liability, to be Paid, Maturity |
Future minimum lease payments included in the measurement of finance lease liabilities on the condensed consolidated balance sheet as of June 30, 2026, were as follows: | | | | | | | | | | | Finance Lease | | 2026 (Remaining) | | 9,298,519 | | | 2027 | | 19,982,408 | | | 2028 | | 16,891,230 | | | 2029 | | 9,026,084 | | | 2030 | | 536,660 | | | Total minimum lease payments | | $ | 55,734,901 | | | Less: Imputed interest | | (9,958,732) | | | Present value of future minimum lease payments | | $ | 45,776,169 | | | Less: Current portion | | (13,067,517) | | | Lease liabilities, net of current portion | | $ | 32,708,652 | |
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| Lease, Cost |
The components of finance lease expense for the three and six months ended June 30, 2026 and 2025 are as follows. | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | Finance lease cost: | | | | | | | | | Amortization of ROU assets | $ | 3,783,212 | | | $ | 408,629 | | | $ | 4,581,245 | | | $ | 408,629 | | | Interest on lease liabilities | 1,430,658 | | | 133,295 | | | 1,756,748 | | | 133,295 | | | Total lease cost | $ | 5,213,870 | | | $ | 541,924 | | | $ | 6,337,993 | | | $ | 541,924 | |
Supplemental cash flow information and non-cash activity related to leases are as follows: | | | | | | | | | | | | | | | | | For the Six Months Ended June 30, | | | 2026 | | 2025 | | Operating cash flows for operating leases | | $ | (29,212) | | | $ | (30,219) | | | Amortization of right-of-use assets | | $ | 4,645,883 | | | $ | 462,598 | | | Financing cash flows from finance leases | | $ | (6,518,746) | | | $ | (521,865) | | | Acquisition of right-of-use asset in exchange for lease obligations | | $ | 45,504,172 | | | $ | 5,820,225 | | | Supplemental non-cash amounts of lease liabilities arising from obtaining right-of-use assets | | $ | 43,713,270 | | | $ | 6,078,929 | |
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