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NOTES PAYABLE
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
NOTES PAYABLE NOTES PAYABLE
Finance Obligation
The Company pays for its laptop computer equipment through long-term payment plans, using an imputed interest rate of 12.9%, based on its incremental borrowing rate, to determine the present value of its financial obligation and to record interest expense over the term of the plan. The Company refreshed a portion of its computer inventory during the fourth quarter of 2022, entering a new three-year payment plan with the same vendor. The total balance owed was $18,880 and $63,420 as of
September 30, 2025 and December 31, 2024, respectively, with the short-term portion of $18,880 and $59,386 recorded under accrued expenses in the consolidated balance sheets as of September 30, 2025, and December 31, 2024, respectively.
Summary
Interest expense on financing arrangements recorded in the Company’s consolidated statements of operations was $1,654 and $1,654 for the three months ended September 30, 2025. and 2024, respectively, and $5,092 and $5,654 during the nine months ended September 30, 2025 and 2024, respectively. The total balance owed will be paid in full in 2025.