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LEASES (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
ROU Assets and Lease Liabilities
The Company’s right-of-use assets and lease liabilities for its operating lease consisted of the following amounts:
As of September 30, 2025As of December 31, 2024
Assets:
Operating lease right-of-use assets$4,716,584 $4,722,573 
Liabilities:
Current operating lease liabilities671,281 515,597 
Non-current operating lease liabilities4,535,901 4,580,158 
Total lease liability$5,207,182 $5,095,755 
The table below shows a weighted-average analysis for lease terms and discount rates for all operating leases for the periods presented:
Nine Months Ended September 30,
20252024
Weighted-average remaining lease term (in years)6.075.25
Weighted-average discount rate9.77%9.67%
Lease Expense The Company’s lease expense for the periods presented consisted of the following:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Operating lease cost$278,574 $128,607 $806,439 $379,047 
Variable lease cost43,217 310,231 191,710 456,477 
Total lease cost$321,791 $438,838 $998,149 $835,524 
The following table shows supplemental cash flow information related to lease activities for the periods presented:
Nine Months Ended September 30,
20252024
Cash paid for amounts included in the measurement of the lease liability:
Operating cash flows from operating leases$876,787 $501,994 
ROU assets obtained in exchange for new lease liabilities423,816 359,352 
Future Minimum Noncancellable Lease Payments
Future minimum noncancellable lease payments under the Company’s operating leases on an undiscounted basis reconciled to the respective lease liability at September 30, 2025 are as follows:
Operating leases
Remaining of 2025$282,167 
20261,150,350 
20271,184,883 
20281,220,381 
20291,256,990 
Thereafter1,861,396 
Total operating lease payments (undiscounted)6,956,167 
Less: Imputed interest(1,748,985)
Lease liability as of September 30, 2025$5,207,182