v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases  
Schedule of Operating Lease and Finance Lease Costs

The components of operating and finance lease costs are as follows for the three and nine months ended September 30 :

 

   2026   2025   2026   2025 
   Three Months Ended September 30,   Nine Months Ended September 30, 
   2026   2025   2026   2025 
Operating lease cost  $-   $-   $-   $- 
Finance Lease Cost:                    
Amortization of assets  82,157   82,157   246,471   246,471 
Interest on liabilities   31,278    38,258    99,659    120,095 
                     
Total lease cost  $113,435   $120,415   $346,130   $366,566 
Schedule of Cash Flow Information Related To Leases

Supplemental cash flow information related to leases is as follows for the three and nine months ended September 30:

 

   2026   2025   2026   2025 
   Three Months Ended September 30,   Nine Months Ended September 30, 
   2026   2025   2026   2025 
Cash paid for amounts included in measurement of lease obligations:                    
Operating cash flows from operating leases  $-   $-   $-   $- 
Operating cash flows from finance leases   31,278    38,258    99,659    120,095 
Financing cash flows from finance leases  $97,969   $88,576   $288,081   $207,121 
Schedule of Weighted Average Remaining Lease Term

The following table summarizes weighted average remaining lease term and discount rates as of September 30, 2026, and December 31, 2025:

 

   30-Sep-26   31-Dec-25 
Weighted average remaining lease term (years)          
Operating leases   n/a    n/a 
Finance leases   3.25    4.00 
Weighted average discount rate          
Operating leases   n/a    n/a 
Finance leases   8.4%   8.4%
Schedule of Future Maturities of Lease Liabilities

Future maturities of our lease liabilities are as follows as of September 30, 2026:

   

      
2026 remainder of year  $128,381 
2027   513,525 
2028   513,525 
2029   513,524 
Thereafter   - 
Total Undiscounted Lease Obligations   1,668,955 
Less: Imputed Interest   (187,926)
      
Present Value of Lease Obligations  $1,481,029