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Leases | 12 Months Ended
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Dec. 31, 2025
Leases |
Leases | Note 11 – Leases Equipment Lease The Company has financed production equipment with an acquisition cost of approximately $168,141 under a finance lease with a five-year term and a bargain purchase price of $1.00 at the end of the lease term. The finance lease commenced on May 9, 2023, and expires on May 31, 2028, with monthly lease payments of $3,657 commencing June 1, 2023, and a pre-funding and acceptance fee of $18,079, subject to the ASU 2016-02. As the Company’s lease does not provide implicit discount rates, the Company uses an incremental borrowing rate based on the information available at the commencement date in determining the present value of lease payments. Peru Facility Lease On May 10, 2024, the Company entered into a ten-year lease for the 50,000 square-foot manufacturing facility in Pisco, Peru (the “Peru Facility”), which commenced operations in December of 2024. The lease of the Peru Facility requires monthly lease payments of $8,000 in the first two years of the lease, $20,000 in the third year of the lease, $22,000 in the fourth year of the lease, $24,000 in the fourth year of the lease, and $25,000 thereafter. The lease also has a 10-year renewal option, and a buy-out option under which the Company may purchase the Peru Facility for $1,865,456. In connection with the lease of the Peru Facility, the Company purchased a first position mortgage receivable in the amount of $1,267,000, which is secured by the Peru Facility and was owed by the landlord of the Peru Facility to its former tenant, for a purchase price of $1,267,000, of which payments were made in various installments totaling $355,000 during the year ended December 31, 2024; and $912,000 during the year ended December 31, 2025. As of December 31, 2025, the $1,267,000 balance has been paid in full. See Notes 7 and 8 for additional details. The components of lease expense for the years ended December 31, 2025 and December 31, 2024 were as follows: Schedule of Components of Lease Expenses
|  | For the Years Ended December 31, |
|  | 2025 |  |  | 2024 |
Operating lease cost: |  |  |  |  |  |  |  |
Amortization of right-of-use asset |  | $ | 154,718 |  |  | $ | 103,146 |
Interest on lease liability |  |  | 137,675 |  |  |  | 89,853 |
Capitalized inventory costs |  |  | (104,691 | ) |  |  | (15,313 | )
Total operating lease cost |  |  | 187,702 |  |  |  | 177,686 |
Finance lease cost: |  |  |  |  |  |  |  |
Amortization of right-of-use asset |  | $ | 34,887 |  |  | $ | 31,563 |
Interest on lease liability |  |  | 11,836 |  |  |  | 18,164 |
Total finance lease cost |  |  | 46,723 |  |  |  | 49,727 |
Other short-term leases |  |  | - |  |  |  | 12,800 |
Total lease costs |  | $ | 234,425 |  |  | $ | 240,213 |
Supplemental balance sheet information related to leases as of December 31, 2025 and December 31, 2024 was as follows: Schedule of Supplemental Information Related to Leases
|  | December 31, |
|  | 2025 |  |  | 2024 |
Operating lease: |  |  |  |  |  |  |  |
Operating lease assets |  | $ | 1,289,318 |  |  | $ | 1,444,036 |
Current portion of operating lease liability |  | $ | 53,031 |  |  |  | - |
Noncurrent operating lease liability |  |  | 1,561,679 |  |  |  | 1,573,035 |
Total operating lease liability |  | $ | 1,614,710 |  |  | $ | 1,573,035 |
Finance lease: |  |  |  |  |  |  |  |
Finance lease assets |  | $ | 96,574 |  |  | $ | 131,461 |
Current portion of finance lease liability |  | $ | 32,627 |  |  |  | 29,243 |
Noncurrent finance lease liability |  |  | 57,327 |  |  |  | 92,761 |
Total finance lease liability |  | $ | 89,954 |  |  | $ | 122,004 |
Weighted average remaining lease term: |  |  |  |  |  |  |  |
Operating lease |  |  | 9.69 years |  |  |  | 9.86 years |
Finance lease |  |  | 2.19 years |  |  |  | 3.13 years |
Weighted average discount rate: |  |  |  |  |  |  |  |
Operating lease |  |  | 9 | % |  |  | 9 | %
Finance lease |  |  | 11 | % |  |  | 11 | %
Supplemental cash flow and other information related to finance leases for the years ended December 31, 2025 and December 31, 2024 was as follows: Schedule of Supplemental Cash and Other Information Related to finance Leases
|  | For the Years Ended December 31, |
|  | 2025 |  |  | 2024 |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |  |  |  |
Operating cash flows used for operating leases |  | $ | 41,675 |  |  | $ | 25,853 |
Finance cash flows used for finance leases |  | $ | 32,050 |  |  | $ | 9,926 |
Leased assets obtained in exchange for lease liabilities: |  |  |  |  |  |  |  |
Total operating lease liabilities |  | $ | - |  |  | $ | 1,547,182 |
Total finance lease liabilities |  | $ | - |  |  | $ | 184,592 |
The future minimum lease payments due under operating leases as of December 31, 2025 are as follows: Schedule of Future Minimum Operating Lease Payments
Year Ending |  | Minimum Lease |
December 31, |  | Commitments |
2026 |  | $ | 192,000 |
2027 |  |  | 256,000 |
2028 |  |  | 280,000 |
2029 |  |  | 296,000 |
2030 |  |  | 300,000 |
Thereafter |  |  | 1,000,000 |
Total minimum lease payments |  |  | 2,324,000 |
Less effects of discounting |  |  | 709,290 |
Lease liability recognized |  |  | 1,614,710 |
Less current portion |  |  | 53,031 |
Long-term operating lease liability |  | $ | 1,561,679 |
The future minimum lease payments due under finance leases as of December 31, 2025 are as follows: Schedule of Future Minimum Finance Lease Payments
Year Ending |  | Minimum Lease |
December 31, |  | Commitments |
2026 |  | $ | 43,886 |
2027 |  |  | 43,886 |
2028 |  |  | 14,629 |
Total minimum lease payments |  |  | 102,401 |
Less effects of discounting |  |  | 12,447 |
Lease liability recognized |  |  | 89,954 |
Less current portion |  |  | 32,627 |
Long-term finance lease liability |  | $ | 57,327 |

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- Definition The entire disclosure for finance leases of lessee. Includes, but is not limited to, description of lessee's finance lease and maturity analysis of finance 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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