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LEASES

6 Months Ended

Jun. 30, 2025

Leases [Abstract]

LEASES

NOTE 5 — LEASES

We have finance and operating leases for our corporate office, vehicles, and certain office and computer equipment.

The components of lease expense were as follows:

		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2025			2024			2025			2024
Operating lease cost		$	132,502		$	112,806		$	257,587		$	224,354
Short-term lease cost			2,700			556			6,086			4,016
Total lease cost		$	135,202		$	113,362		$	263,673		$	228,370
Finance lease cost:
Amortization of right-of-use assets		$	28,896		$	28,896		$	57,793		$	57,793
Interest on lease liabilities			4,085			5,671			8,575			11,724
Total finance lease cost		$	32,981		$	34,567		$	66,368		$	69,517

Supplemental cash flow information related to leases was as follows:

		Six Months Ended
		June 30,
		2025			2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	261,117		$	244,879
Financing cash flows from finance leases			65,718			65,718

		June 30, 2025		December 31, 2024
Weighted Average Remaining Lease Term
Operating leases		4.6 Years		5.1 Years
Finance leases		2.2 Years		2.7 Years
Weighted Average Discount Rate
Operating leases		6.42%		6.52%
Finance leases		6.47%		6.34%

Maturities of lease liabilities are as follows:

Year Ending December 31,		Operating Leases			Finance Leases
Remainder of 2025		$	266,990		$	65,718
2026			533,979			131,437
2027			533,979			74,194
2028			520,985			6,180
2029			501,595			—
Thereafter			1,332,009			—
Total undiscounted lease payments			3,689,537			277,529
Less: imputed interest			(486,842	)		(13,413	)
Total lease liabilities		$	3,202,695		$	264,116

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- References

No definition available.

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- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 840
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/840/tableOfContent

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