Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases

Schedule of lease cost

	For the Year Ended December 31, 2024		For the Year Ended December 31, 2023
Operating lease cost	$	1,235,695	$	1,239,539
Finance lease cost
Amortization of lease assets		2,258,012		1,816,463
Interest on lease liabilities		949,423		776,838
Total finance lease cost	$	3,207,435	$	2,593,301

Schedule of weighted average remaining lease term and incremental borrowing rate

	For the Year Ended December 31, 2024			For the Year Ended December 31, 2023
Weighted average remaining lease term
Operating leases		5.8 years			6.2 years
Finance leases		11.0 years			11.2 years
Weighted average incremental borrowing rate
Operating leases		9.79	%		9.67	%
Finance leases		10.12	%		10.11	%

Schedule of maturities of operating and finance lease liabilities

Maturities of operating and finance lease liabilities as of December 31, 2024 were as follows:

	Operating Leases		Finance Leases		Total
2025	$	800,202		1,765,385	$	2,565,587
2026		826,748		1,679,279		2,506,027
2027		854,030		902,127		1,756,157
2028		882,343		931,290		1,813,633
2029		650,863		961,311		1,612,174
2030		532,650		1,068,169		1,600,819
2031		—		1,094,135		1,094,135
Thereafter		—		7,183,957		7,183,957
Total minimum lease payments		4,546,836		15,585,653		20,132,489
Less: imputed interest		(1,035,707)		(6,563,606)		(7,599,313)
Present value of lease liabilities	$	3,511,129	$	9,022,047	$	12,533,176