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Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Costs

The Company’s lease costs recognized in the consolidated condensed statements of operations consist of the following:

 

   March 31, 
   2025   2024 
         
Operating lease charges (1)  $445,435   $397,894 
Finance lease charges:          
Amortization of right-of-use assets   102,797    8,143 
Interest on lease obligations   18,074    1,507 

 

(1) Included in selling, general, and administrative expenses.

Other lease information as of and for the period ended March 31, 2025:

 

   Operating
leases		   Finance
leases		 
         
Operating cash out flows from leases  $380,839   $103,295 
Weighted-average remaining lease term (years)   2.43    1.09 
Weighted-average discount rate (%)   13.70%   13.44%
Schedule of Lease Liabilities by Contractual Maturity

The following is a schedule of the Company’s lease liabilities by contractual maturity as of March 31, 2025:

 

   Operating
leases		   Finance
leases		 
         
2025  $1,325,890   $309,882 
2026   1,586,044    216,266 
2027   1,270,570    
-
 
Total undiscounted lease obligations    4,182,504    526,148 
Less: imputed interest   (647,245)   (44,896)
Total present value of lease liabilities   3,535,259    481,252 
Less: current portion of lease liabilities   1,283,391    368,395 
Non-current lease liabilities  $2,251,867   $112,858