Quarterly report [Sections 13 or 15(d)]

Commitments and Contingencies (Tables)

v3.26.3
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2026 and 2025:
Line Items in our Condensed Consolidated Statements of Operations Three Months Ended
September 30,		 Nine Months Ended
September 30,
2026 2025 2026 2025
Operating lease costs:
Operating lease costs General and administrative expenses $ 91,577  $ 91,577  $ 274,731  $ 264,335 
Total lease costs $ 91,577  $ 91,577  $ 274,731  $ 264,335 
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:
September 30, 2026 December 31, 2025
Operating Leases:
Operating lease right-of-use asset $ 1,395,838  $ 1,572,173 
Operating lease liability - current portion 349,447  194,179 
Operating lease liability - net of current portion 1,605,077  1,815,527 
Total operating lease liability $ 1,954,524  $ 2,009,706 
Weighted average remaining lease term (in years):
Operating leases 4.7 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:
Nine Months Ended September 30,
2026 2025
Cash paid for amounts included in measurement of liabilities:
Operating cash flows from operating leases $ 153,578  $ 345,042 
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 September 30, 2026 are as follows, excluding amounts related to leases classified as discontinued operations:
Operating Leases
2026 (remainder) $ 115,184 
2027 467,453 
2028 479,129 
2029 491,077 
2030 503,374 
Thereafter 211,904 
Total lease payments $ 2,268,121 
Less: Imputed interest (313,597)
Total lease obligations $ 1,954,524 
Less: Current obligations (349,447)
Long-term lease obligation $ 1,605,077