Note 8 - Leases

9 Months Ended

Sep. 30, 2025

Notes to Financial Statements

Lessee, Operating Leases [Text Block]

NOTE 8 – LEASES

The Company’s corporate offices and other offices are located in Pittsburgh, Pennsylvania. The leases are effective through February 29, 2028.

Lease expense under operating lease arrangements, recorded within general and administrative expenses of continuing operations, was $252,977 and $196,168 for the three months ended September 30, 2025 and 2024, respectively, and $638,419 and $588,505 for the nine months ended September 30, 2025 and 2024, respectively.

The following table summarizes other information related to the Company’s operating leases:

	September 30, 2025			September 30, 2024
Weighted average remaining lease term – operating leases in years		2.42			3.42
Weighted average discount rate – operating leases		13	%		13	%

The Company’s operating lease obligations as of September 30, 2025, which include expected lease extensions that are reasonably certain of renewal, were as follows:

Remainder of 2025	$	195,926
2026		803,724
2027		827,909
2028		139,022
Total lease payments		1,966,581
Less: interest		(262,128	)
Present value of lease liabilities	$	1,704,453