Quarterly report [Sections 13 or 15(d)]

Operating Leases (Tables)

v3.26.1
Operating Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Operating Leases  
Schedule of supplemental balance sheet information related to the lease
       
    March 31,   December 31,
    2026   2025
Operating lease ROU asset   $ 2,641,100     $ —  

 

    March 31,   December 31,
    2026   2025
Operating lease liabilities:                
Current portion   $ 438,821     $ —  
Non-current portion     2,218,810       —  
Total   $ 2,657,631     $ —  
Schedule of operating lease cost
               
    Three Months Ended
March 31, 2026		   Three Months Ended
March 31, 2025
         
Operating lease cost   $ 161,156     $ 97,524  
Operating lease cash payments   $ 141,616     $ 109,396  
Schedule of future minimum lease payments
       
Year Ending December 31,        
2026 (except for the three months ended March 31, 2026)   $ 433,875  
2027     610,585  
2028     643,632  
2029     677,672  
2030     712,732  
         
Total lease payment     3,078,496  
Less imputed interest     (420,865 )
Total   $ 2,657,631  
Schedule of discount rate and lease term
       
    March 31,
    2026
Weighted average discount rate     6.0 %
Weighted average remaining lease term (years)     4.75