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Leases (Tables)
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
Schedule of Lease Costs

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

 

   For the three-months ended
June 30,		   For the six-months ended
June 30,		 
   2025   2024   2025   2024 
Operating lease charges (1)  $418,457   $393,314   $863,892   $791,208 
Finance lease charges:                    
Amortization of right-of-use assets  $102,797   $39,695   $205,594   $47,838 
Interest on lease obligations  $15,201   $10,191   $33,275   $11,698 

 

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

Other lease information as of and for the period ended June 30, 2025:

 

   Operating
leases		   Finance
leases		 
         
Operating cash out flows from leases  $904,399   $206,589 
Weighted-average remaining lease term (years)   2.18    0.85 
Weighted-average discount rate (%)   13.80%   13.50%
Schedule of Lease Liabilities by Contractual Maturity

The following is a schedule of the Company’s lease liabilities by contractual maturity as of June 30, 2025:

 

   Operating
leases		   Finance
leases		 
         
2025  $774,161   $206,588 
2026   1,586,044    216,266 
2027   1,270,570    
-
 
Total undiscounted lease obligations   3,630,775    422,854 
Less: imputed interest   (530,101)   (29,694)
Total present value of lease liabilities   3,100,674    393,160 
Less: current portion of lease liabilities   1,281,944    388,447 
Non-current lease liabilities  $1,818,730   $4,713