v3.26.1
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases  
Schedule of operating and finance lease expenses

Operating and finance lease expenses consist of the following:

 

      For the Years Ended 
   Classification 

December 31,

2025

  

December 31,

2024

  

December 31,

2023

 
                
Operating lease cost                  
Lease expenses  General and administrative  $216,639   $133,533   $123,366 
Lease expenses – short-term  General and administrative   -    -    - 
Finance lease cost                  
Amortization of leased asset  General and administrative   7,322    7,157    8,148 
Interest on lease liabilities  Other expense -Interest expenses   2,429    2,855    2,584 
Total lease expenses     $226,390   $143,545   $134,098 
Schedule of weighted average remaining term and discount rate

Weighted-average remaining term and discount rate related to leases were as follows:

 

  

As of

December 31, 2025

  

As of

December 31, 2024

 
         
Weighted-average remaining term          
Operating lease   1.2 years    0.8 years 
Finance leases   2.4 years    3.4 years 
Weighted-average discount rate          
Operating lease   5.54%   5.94%
Finance leases   9.60%   9.60%
Schedule of future minimum lease payments

The following table sets forth the Company’s minimum lease payments in future periods as of December 31, 2025:

 

   Operating lease   Finance lease     
   payments   payments   Total 
Twelve months ending December 31, 2026  $135,727   $8,172   $143,899 
Twelve months ending December 31, 2027   50,878    8,172    59,050 
Twelve months ending December 31, 2028   -    10,886    10,886 
Twelve months ending December 31, 2029   -    -    - 
Twelve months ending December 31, 2030   -    -    - 
Total lease payments   186,605    27,230    231,835 
Less: discount   (9,575)   (3,562)   (13,137)
Present value of lease liabilities  $177,030   $23,668   $200,698