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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2026
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Other information Related to Leases

Other information related to leases for the three and six month periods ended June 30, 2026 and 2025 was as follows:

 

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

 

 

$

147,127

 

 

$

153,781

 

 

$

291,904

 

 

$

307,755

 

 Total lease expense

 

 

$

147,127

 

 

$

153,781

 

 

$

291,904

 

 

$

307,755

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of operating lease liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

 

$

99,599

 

 

$

113,068

 

 

$

202,218

 

 

$

226,135

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term - operating leases

 

 

 

 

 

 

 

 

51.0 months

 

 

62.9 months

 

Weighted-average discount rate - operating leases

 

 

 

 

 

 

 

 

 

13.66

%

 

 

13.66

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Maturity of Operating Lease Liabilities

The following table presents the maturity of the Company’s operating lease liabilities as of June 30, 2026:

 

Year

Operating Leases

 

Remaining 2026

$

196,675

 

2027

 

403,771

 

2028

 

419,922

 

2029

 

436,719

 

2030

 

298,809

 

Total lease payments

 

1,755,896

 

Less: Amount representing interest

 

(388,762

)

Present value of lease payments

 

1,367,134

 

Less: current portion of operating lease obligation

 

(244,859

)

Operating lease obligation, net of current portion

$

1,122,275