v3.26.1
Right-of-Use Assets and Lease Liabilities (Tables)
 6 Months Ended
Jun. 30, 2026
Right-of-Use Assets and Lease Liabilities [Abstract]  
Schedule of Right-of-Use Assets and Lease Liabilities The lease agreements generally do not contain any material residual value guarantees or material restrictive covenants.
   

As of

June 30, 2026

    

As of

December 31, 2025

  
          Accumulated           Accumulated  
    Cost     Amortization     Cost     Amortization  
Right-of-use assets   $ 148,150,320     $ (5,341,113 )   $ 5,229,708     $ (3,361,250 )
Net carrying value           $ 142,809,207             $ 1,868,458  

Supplemental balance sheet information related to the operating lease liabilities is as follows:

 

   

As of

June 30,
2026

    

As of

December 31,
2025

  
Weighted-average remaining lease term     2.06 years       1.59 years  
Weighted-average incremental borrowing rate     6.14 %     11.59 %
Schedule of Future Minimum Lease Payments

The following shows the future minimum lease payments for the remaining years under the lease arrangement as of June 30, 2026:

 

Remainder of 2026   $ 23,651,791  
2027     47,147,291  
2028     47,110,643  
2029     29,540,728  
2030     10,044,667  
      157,495,120  
Less: imputed interest*     (14,531,398 )
      142,963,722  
         
Current portion   $ 39,992,862  
Long-term portion   $ 102,970,860  

 

* Imputed interest represents the difference between undiscounted cash flows and cash flows