XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Leases (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Leases [Abstract] |
Schedule of Lease Payments | Certain leases include rental escalation clauses, renewal options and/or termination options, which are factored into the Company’s determination of lease payments when appropriate.
|  | September 30, 2025 |  |  | December 31, 2024 |
|  | (unaudited) |  |  |  |
Weighted average remaining lease term: |  |  |  |  |  |
Operating lease |  |  | 3.33 years |  |  |  | 3.63 years |
Weighted average discount rate: |  |  |  |  |  |  |  |
Operating lease |  |  | 7.54 | % |  |  | 7.53 | %
The balances for the operating leases where the Company is the lessee are presented as follows within the consolidated balance sheets:
|  | September 30, 2025 |  |  | December 31, 2024 |
|  | (unaudited) |  |  |  |
Operating lease right-of-use assets, net |  |  |  |  |  |
Operating lease |  | $ | 1,057,858 |  |  | $ | 1,342,333 |
Lease liabilities |  |  |  |  |  |  |  |
Current portion of operating lease liabilities |  |  | 315,579 |  |  |  | 427,984 |
Non-current portion of operating lease liabilities |  |  | 865,729 |  |  |  | 1,104,552 |
|  | $ | 1,181,308 |  |  | $ | 1,532,536 |
Schedule of Future Lease Payments Under Operating Leases | Future lease payments under operating leases as of September 30, 2025 were as follows:
|  | Operating Leases |
Remaining of FY2025 |  |  | 97,826 |
FY2026 |  |  | 393,261 |
FY2027 |  |  | 401,127 |
FY2028 |  |  | 409,149 |
FY2029 |  |  | 34,605 |
Total lease payments |  | $ | 1,335,968 |
Less: imputed interest |  |  | 154,660 |
Present value of lease liabilities (1) |  | $ | 1,181,308 |
| (1) | As of September 30, 2025, present value of future operating lease payments consisted of current portion of operating lease liabilities and non-current portion of operating lease liabilities, amounting to $315,579 and $865,729, respectively.

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration