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COMMITMENTS AND CONTINGENCIES | 3 Months Ended
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Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract] |
COMMITMENTS AND CONTINGENCIES | COMMITMENTS AND CONTINGENCIES Operating Leases – Right of Use Asset and Liability The Company has leases for office, warehouse space, and cargo vans. Operating lease costs by financial statement line item are as follows:
|  |  |  | Three Months Ended March 31,
Type |  | Financial Statement Line Item |  | 2025 |  | 2024
Operating lease |  | General and administrative |  | $ | 22,777 |  |  | $ | 8,863 |
Operating lease |  | Operations |  | 191,066 |  |  | 59,645 |
Operating lease |  | Research and development |  | 68,331 |  |  | 32,231 |
Total lease costs |  |  |  | $ | 282,174 |  |  | $ | 100,739 |
Supplemental cash flow information related to leases is as follows:
|  |  |  | Three Months Ended March 31,
|  |  |  | 2025 |  | 2024
Cash paid for operating lease liabilities |  | $ | 278,168 |  |  | $ | 139,077 |
Right-of-use assets obtained in exchange for operating lease obligations |  | $ | 325,222 |  |  | $ | — |
Supplemental balance sheet information related to leases is as follows:
|  |  |  | March 31, 2025 |  | December 31, 2024
Weighted-average remaining lease term (in years) |  | 2.51 |  | 2.65
Weighted-average discount rate |  | 7.25 | % |  | 7.24 | %
Future annual minimum payments under operating leases as of March 31, 2025, are as follows:
Remainder of 2025 | $ | 689,361 |
2026 | 787,794 |
2027 | 568,553 |
2028 | 85,245 |
2029 | — |
Total undiscounted future cash flows | 2,130,953 |
Less: imputed interest | (245,230) |
Total operating lease liabilities | $ | 1,885,723 |
Finance Lease – Failed Sales-Leaseback In November 2022, the Company entered into a lease agreement with Farnam Capital for its robot assets. As per ASC 842-40-25, the transaction was considered a failed sales-leaseback and therefore the lease was accounted for as a financing agreement. There was no outstanding liability at March 31, 2025. In April 2025, the Company exercised the option to purchase the assets at the end of the lease for 45% of the original equipment cost. Contingencies The Company may be subject to pending legal proceedings and regulatory actions in the ordinary course of business. The results of such proceedings cannot be predicted with certainty, but the Company does not anticipate that the final outcome, if any, arising out of any such matters will have a material adverse effect on its business, financial condition or results of operations.

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