v3.26.3
Operating Lease
 9 Months Ended
Sep. 30, 2026
Operating Lease [Abstract]  
OPERATING LEASE
10. OPERATING LEASE

 

The current lease contracts for offices in Texas have initial terms of one year. The Company leases certain vehicles under non-cancelable operating lease agreements. These leases have initial terms of three years. The Company does not have any finance leases.

 

As of September 30, 2026, the Company’s operating lease right of use assets and corresponding liabilities are as follows:

 

Right of use asset     70,638  
Lease liability - current     30,334  
Lease liability - non current     32,691  
Total operating lease liabilities     63,025  
Weighted average remaining lease term     2.15  
Weighted average discount rate     7.50 %

 

Maturities of the Company’s lease liabilities are as follows:      
2026   $ 7,465  
2027     31,294  
2028     24,266