Quarterly report [Sections 13 or 15(d)]

Commitments and Contingencies (Tables)

v3.26.1
Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Expense
The table below summarizes the components of lease expense and statements of operations location for the three and six months ended June 30, 2026 and 2025:
Line Items in our Condensed Consolidated Statements of Operations Three Months Ended
June 30,		 Six Months Ended
June 30,
2026 2025 2026 2025
Operating lease costs:
Operating lease costs General and administrative expenses $ 91,577  $ 91,577  $ 183,154  $ 172,758 
Total lease costs $ 91,577  $ 91,577  $ 183,154  $ 172,758 
Schedule of Supplemental Information
Supplemental information and balance sheet location related to leases (excluding amounts related to leases classified as discontinued operations) were as follows:
June 30, 2026 December 31, 2025
Operating Leases:
Operating lease right-of-use asset $ 1,454,886  $ 1,572,173 
Operating lease liability - current portion 340,885  194,179 
Operating lease liability - net of current portion 1,696,293  1,815,527 
Total operating lease liability $ 2,037,178  $ 2,009,706 
Weighted average remaining lease term (in years):
Operating leases 4.9 5.4
Weighted average discount rate:
Operating leases 6.5  % 6.5  %
Supplemental cash flow information related to leases (excluding amounts related to leases classified as discontinued operations) was as follows:
Six Months Ended June 30,
2026 2025
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases $ 38,395  $ 230,028 
Non-cash transactions:
ROU assets obtained in exchange for operating lease liabilities $ —  $ 1,554,504 
Schedule of Maturities of Operating Lease Liabilities
Maturities of lease liabilities as of June 30, 2026 are as follows, excluding amounts related to leases classified as discontinued operations:
Operating Leases
2026 (remainder) $ 230,367 
2027 467,453 
2028 479,129 
2029 491,077 
2030 503,374 
Thereafter 211,905 
Total lease payments $ 2,383,305 
Less: Imputed interest (346,127)
Total lease obligations $ 2,037,178 
Less: Current obligations (340,885)
Long-term lease obligation $ 1,696,293