Quarterly report [Sections 13 or 15(d)]

Leases (Tables)

v3.25.2
Leases (Tables)
6 Months Ended
Jun. 30, 2025
Leases  
Schedule of components of the lease costs

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Three months ended

    

Six months ended

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June 30, 

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June 30, 

Component of lease cost

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2025

    

2025

Operating lease cost

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$

16,689

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$

32,783

Variable lease cost

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8,795

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​

22,448

Total lease expense

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$

25,484

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$

55,231

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June 30, 

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2025

Cash paid for amounts included in the measurement of lease liabilities

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$

63,160

Weighted-average remaining lease term (in years) - operating leases

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3.2

Weighted-average discount rate - operating leases

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7.82%

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Schedule of future minimum annual commitments under the operating leases

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Year ending June 30,

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2025

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$

66,937

2026

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68,024

2027

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69,219

2028

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6,302

Total lease payments

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210,482

Less: amount representing interest

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(23,492)

Present value of net minimum lease payments

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$

186,990

Less: current obligations

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(54,496)

Long-term obligations under leases

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$

132,494