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Leases | 6 Months Ended
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Jun. 30, 2025
Leases [Abstract] |
Leases | 12. Leases ​ Under ASC 842, Leases, the Company recognized an operating lease related to its corporate office as of June 30, 2025 and December 31, 2024 as summarized in the following table:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, |  | December 31,
​ | ​ | 2025 | ​ | 2024
Asset | ​ | ​ | ​ | ​ | ​ | ​
Operating lease right-of-use assets, long term | ​ | $ | 295,317 | ​ | $ | 344,589
Total operating lease right-of-use assets | ​ | $ | 295,317 | ​ | $ | 344,589
​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities | ​ | $ | 121,057 | ​ | $ | 121,135
Operating lease liabilities, long term | ​ | ​ | 296,250 | ​ | ​ | 355,776
Total operating lease liabilities | ​ | $ | 417,307 | ​ | $ | 476,911
​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease costs | ​ | $ | 120,926 | ​ | $ | 236,044
​ | ​ | ​ | ​ | ​ | ​ | ​
Cash paid for amounts included in the measurement of lease liabilities | ​ | ​ | ​ | ​ | ​ | ​
Operating cash flows from operating leases | ​ | $ | 152,709 | ​ | $ | 214,230
Weighted average remaining lease term (years) - operating lease | ​ | ​ | 2.29 | ​ | ​ | 2.50
Weighted average discount rate (annualized) - operating lease | ​ | ​ | 8.25% | ​ | ​ | 8.25%
​ On March 1, 2023, the Company commenced a new office lease with a 70 month lease term and future lease payments estimated to be approximately $0.85 million. There are no other pending leases, and no lease arrangements in which the Company is the lessor. ​ Lease expense for operating leases was $0.12 million and $0.24 million for the six months ended June 30, 2025 and the year ended December 31, 2024, respectively. This lease expense is presented in other general and administrative expenses in the Consolidated Statements of Operations and Comprehensive Income. ​ Future minimum lease payments as of June 30, 2025 are as follows: ​
​ | ​ | ​ | ​
​ | ​ | Operating Leases
2025 | ​ | $ | 86,775
2026 | ​ | ​ | 177,021
2027 | ​ | ​ | 180,492
2028 | ​ | ​ | 183,963
Total minimum lease payments | ​ | ​ | 628,251
Less: imputed interest | ​ | ​ | (210,944)
Present value of future minimum lease payments | ​ | ​ | 417,307
Less: current obligations under leases | ​ | ​ | (121,057)
Long-term lease obligations | ​ | $ | 296,250
​ ​ ​

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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