v3.25.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense for the three months ended September 30, 2025 and 2024 , are as follows:

 

 

 

For the Three Months Ended September 30,

 

Components of lease expense:

 

2025

 

 

2024

 

Operating lease cost

 

$

7,333

 

 

$

44,999

 

Sublease income

 

 

-

 

 

 

(12,000

)

Total lease (income) cost

 

$

7,333

 

 

$

32,999

 

The components of lease expense for the nine months ended September 30, 2025 and 2024, are as follows:

 

 

 

For the Nine Months Ended September 30,

 

Components of lease expense:

 

2025

 

 

2024

 

Operating lease cost

 

$

21,997

 

 

$

138,383

 

Sublease income

 

 

—

 

 

 

(117,084

)

Total lease (income) cost

 

$

21,997

 

 

$

21,299

 

Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows:

 

 

 

For the Nine Months Ended September 30,

 

Supplemental cash flow information:

 

2025

 

 

2024

 

Cash paid for amounts included in the measurement of lease liabilities:

 

 

 

 

 

 

Non-cash lease expense (operating cash flow)

 

$

17,391

 

 

$

131,627

 

Change in lease liabilities (operating cash flow)

 

 

(16,740

)

 

 

(231,691

)

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

Operating leases:

 

September 30, 2025

 

 

December 31, 2024

 

Operating lease right-of-use assets

 

$

55,174

 

 

$

72,565

 

Operating lease liability, current

 

 

25,046

 

 

 

22,731

 

Operating lease liability, non-current

 

 

30,919

 

 

 

49,974

 

Total operating lease liabilities

 

$

55,965

 

 

$

72,705

 

 

Weighted-average remaining lease term:

 

September 30, 2025

 

 

December 31, 2024

 

Operating leases (in years)

 

 

2.08

 

 

 

2.83

 

 

Weighted-average discount rate:

 

September 30, 2025

 

 

December 31, 2024

 

Operating leases

 

 

9.40

%

 

 

9.40

%

Schedule of Future Minimum Lease Payments Under Non-Cancellable Lease

Future minimum lease payments under non-cancellable lease as of September 30, 2025, are as follows:

 

Maturities of lease liabilities:

 

 

 

Year Ending December 31,

 

 

 

Remainder of 2025

 

$

7,259

 

2026

 

 

29,466

 

2027

 

 

25,167

 

2028

 

 

—

 

2029 and thereafter

 

 

—

 

Total undiscounted cash flows

 

 

61,892

 

Less discounting

 

 

(5,927

)

Present value of lease liabilities

 

$

55,965