Revenue Disclosures (Tables)
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9 Months Ended |
Sep. 30, 2026 |
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| Revenue from Contract with Customer [Abstract] |
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| Schedule of Disaggregation of Revenue |
The following table shows our revenues disaggregated according to the timing of transfer of services:
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2026 |
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2025 |
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2026 |
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2025 |
| Revenue recognized at a point in time |
$ |
11,079,259 |
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$ |
10,870,558 |
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$ |
36,103,519 |
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$ |
32,678,171 |
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| Revenue recognized over time |
2,472,449 |
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2,510,127 |
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7,450,336 |
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7,050,374 |
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| Total revenue |
$ |
13,551,708 |
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$ |
13,380,685 |
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$ |
43,553,855 |
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$ |
39,728,545 |
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| Schedule of Rollforward of Accounts Receivable |
Changes in our accounts receivable, net during the nine months ended September 30, 2026 were as follows:
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Accounts Receivable, Net |
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| Balance at December 31, 2025 |
$ |
2,849,864 |
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| Cash received against accounts receivable included at the beginning of the year |
(2,685,034) |
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| Net increase during the nine months ended September 30, 2026 |
2,984,480 |
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| Allowance for credit losses |
(673,553) |
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| Balance at September 30, 2026 |
$ |
2,475,757 |
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| Schedule of Rollforward of Contract Liabilities Contract Assets |
Changes in our contract liability for deferred franchise fees during the nine months ended September 30, 2026 were as follows:
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Deferred Revenue Short and Long-Term |
| Balance at December 31, 2025 |
$ |
13,418,289 |
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| Revenue recognized that was included in the contract liability at the beginning of the year |
(2,531,809) |
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| Net increase during the nine months ended September 30, 2026 |
1,505,138 |
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| Balance at September 30, 2026 |
$ |
12,391,618 |
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Our deferred franchise and development costs represent capitalized sales commissions. Changes during the nine months ended September 30, 2026 were as follows:
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Deferred Franchise and Development Costs Short and Long-Term |
| Balance at December 31, 2025 |
$ |
4,773,062 |
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| Cost of revenue recognized that was included in the contract asset at the beginning of the year |
(910,500) |
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| Net increase during the nine months ended September 30, 2026 |
62,021 |
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| Balance at September 30, 2026 |
$ |
3,924,583 |
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| Schedule of Estimated Revenue Related to Performance Obligations |
The following table illustrates estimated revenues expected to be recognized in the future related to performance obligations that were unsatisfied (or partially unsatisfied) as of September 30, 2026:
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| Contract liabilities expected to be recognized in |
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Amount |
| 2026 (remainder) |
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$ |
641,331 |
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| 2027 |
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2,453,896 |
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| 2028 |
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2,274,715 |
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| 2029 |
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1,945,806 |
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| 2030 |
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1,683,841 |
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| Thereafter |
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3,392,029 |
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| Total |
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$ |
12,391,618 |
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