v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Sublease Rent Base rent under the Sublease is as follows:
Period   Annual Rate (per RSF)     Monthly
Base Rent
    Lease
Year
 
7/13/26 – 11/30/26   $ 33.83     $ 10,617     1  
12/1/26 – 11/30/27   $ 34.68     $ 10,884     2  
12/1/27 – 11/30/28   $ 35.55     $ 11,157     3  
12/1/28 – 11/30/29   $ 36.44     $ 11,436     4  
12/1/29 – 11/30/30   $ 37.35     $ 11,722     5  
Schedule of Operating Lease That rate was determined on a collateralized basis for a term approximating the lease term, by reference to the Company’s recent borrowings adjusted for the effect of collateral and corroborated against market yields for issuers of comparable credit quality.

 

    Three Months Ended
September 30, 2026
    Nine Months Ended
September 30, 2026
 
Operating lease cost   $ 34,017     $ 34,017  
Short-term lease cost     6,333       23,708  
Variable lease cost     21,493       21,493  
Total lease cost   $ 61,843     $ 79,218  

Supplemental cash flow and other information related to the operating lease was as follows:

    Nine Months Ended
September 30, 2026
 
Cash paid for amounts included in the measurement of lease liabilities — operating cash flows   $ 19,646  
Right-of-use asset obtained in exchange for a new operating lease liability   $ 444,299  
Schedule of Maturities of Operating Lease Liability Maturities of the operating lease liability as of September 30, 2026, were as follows:
    September 30,
2026
 
October 1, 2026 through December 31, 2026   $ 37,476  
Year ending December 31, 2027     139,322  
Year ending December 31, 2028     103,636  
Year ending December 31, 2029     145,963  
Year ending December 31, 2030     148,586  
Total undiscounted lease payments     574,983  
Less: imputed interest     (148,781 )
Present value of lease payments   $ 426,202  
Reported as of September 30, 2026 as:        
Operating lease liability, current   $ 95,846  
Operating lease liability, non-current     330,356  
Total operating lease liability   $ 426,202