v3.26.1
Net Investment in Sale-Type Lease (Tables)
3 Months Ended
Mar. 31, 2026
Net Investment in Sale-Type Lease [Abstract]  
Schedule of Investments in Sales-Type Leases, Net

The components of the Company’s investments in sales-type leases, net for the three months ended March 31, 2026, were as follows:

 

   March 31,
2026
   December 31,
2025
 
Gross lease receivables   3,155,090    2,122,950 
Unearned income   (689,042)   (502,775)
Subtotal   2,466,048    1,620,175 
Allowance for credit loss   
-
    
-
 
Net investment in sales-type leases   2,466,048    1,620,175 
Schedule of Net Investment in Sales-Type Leases Classified in Consolidated Balance Sheets

The net investment in sales-type leases was classified in the consolidated balance sheets as follows:

 

   March 31,
2026
   December 31,
2025
 
Other Current Assets   392,647    209,586 
Long-term investment in sales-type leases, net   2,073,401    1,410,589 
Net investment in sales-type leases   2,466,048    1,620,175 
Schedule of Interest Income under Sales-Type Leases

Interest income under sales-type leases during three months ended March 31, 2026 were as follows:

 

   March 31,
2026
   December 31,
2025
 
Interest income   25,448    14,697 
Schedule of Undiscounted Cash Flows Related to Gross Lease Receivables

The following table presents the undiscounted cash flows related to gross lease receivables as of March 31, 2026.

 

   As of
March 31,
2026
   As of
December 31,
2025
 
March 31, 2026   349,034    311,245 
2027   473,532    339,235 
2028   490,491    345,992 
2029   510,132    356,127 
2030   374,127    206,571 
2031 and thereafter   927,433    530,534 
Total   3,124,749    2,089,704