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LEASES (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
SCHEDULE OF MATURITY OF LEASE LIABILITIES

The following table presents information about the amount, timing and uncertainty of cash flows arising from the Company’s operating leases as of December 31, 2025.

  

Maturity of Lease Liabilities by Fiscal Year  Operating Leases   Finance Leases 
2026  $3,923,741   $37,165 
2027   2,956,171    37,165 
2028   2,280,186    37,165 
2029   1,617,808    37,165 
2030   360,095    27,874 
Thereafter   464,490    - 
Total undiscounted operating lease payments  $11,602,491   $176,534 
Less: Imputed interest   (1,018,060)   (26,666)
Present value of lease liabilities  $10,584,431   $149,868 
SCHEDULE OF COMPANY’S LEASES

The following summarizes the Company’s leases:

 

Balance Sheet Classification 

December 31,

2025

   December 31,
2024
 
Operating lease right of use assets  $10,503,441   $14,232,240 
Finance lease right of use assets   148,600    - 
Total right of use assets  $10,652,041   $14,232,240 
           
Operating lease liability, current  $3,472,897   $3,596,987 
Finance lease liability, current   27,423    - 
Operating lease liability, net of current   7,111,534    10,584,431 
Finance lease liability, net of current   122,445    - 
Total lease liabilities  $10,734,299   $14,181,418 
SCHEDULE OF LEASE TERM

The following table provides a summary of other information related to the leases at December 31, 2025 and 2024:

 

Other Information 

December 31,

2025

  

December 31,

2024

 
Weighted-average remaining lease term for operating leases   4 years    4 years 
Weighted-average discount rate for operating leases   5.30%   5.19%
Weighted-average remaining lease term for finance leases   5 years    - 
Weighted-average discount rate for finance leases   7.25%   - 
SCHEDULE OF COMPONENTS OF LEASE EXPENSE

The following table represents the components of lease expense for twelve months ended December 31, 2025 and 2024:

 

   2025   2024 
   For the Years Ended December 31, 
   2025   2024 
Operating lease cost  $2,736,889   $3,273,563 
Finance lease cost   7,821    - 
Variable lease cost   228,131    922,282 
Short-term lease cost   929,101    - 
Total lease expense  $3,901,942   $4,195,845