Leases (Tables)

3 Months Ended

Mar. 31, 2025

Leases

Schedule of related party property leases

	Description		Base Rental (annual)
·	425 Clinic Drive, Morehead, Kentucky	$	312,000
·	445 Clinic Drive, Morehead, Kentucky		120,000
·	1111 US 60 W, Morehead, Kentucky		480,000
·	2180 US 60 W, Morehead, Kentucky		36,000
·	721 White Street, Morehead Kentucky		30,000
·	214 Jackson Drive, Morehead, Kentucky		30,000
·	1135 Rodburn Hollow Drive, Morehead, Kentucky		30,000
	Total	$	1,038,000

Schedule of right of use assets are included in the consolidated balance

	March 31, 2025		December 31, 2024
Non-current assets
Right-of-use assets – finance leases, net of depreciation, included in Property and equipment	$	12,901	$	15,699
Right-of-use assets – operating leases, net of amortization		10,948,291		9,920,592
Right-of-use assets – operating leases, related party, net of amortization		7,538,237		—
	$	18,499,429	$	9,936,291

Schedule of lease costs

	Three months ended March 31,
	2025		2024
Finance lease cost:
Depreciation of right-of-use assets	$	2,797	$	2,797
Interest expense on finance lease liabilities		258		401
		3,055		3,198
Operating lease costs
Third parties	$	486,069	$	244,677
Related parties		253,732		—
		739,801		244,677
Lease cost	$	742,856	$	247,875

Schedule of other lease

	Three months ended March 31,
	2025			2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	(258	)	$	(401	)
Operating cash flows from operating leases – third parties		(405,412	)		(199,000	)
Operating cash flows from operating leases – related parties		(230,683	)		—
Financing cash flows from finance leases		(2,199	)		(2,069	)
Cash paid for amounts included in the measurement of lease liabilities	$	(638,552	)	$	(201,458	)
Weighted average lease term – finance leases		1 years and 9 months			2 years and 7 months
Weighted average remaining lease term – operating leases		13 years and 8 months			19 years and 5 months
Discount rate – finance leases		6.56	%		6.59	%
Discount rate – operating leases		7.67	%		7.70	%

Schedule of future minimum lease payments under finance leases

	Amount
Remainder of 2025	$	7,372
2026		6,195
2027		1,707
		15,274
Imputed interest		(1,064	)
Total finance lease liability	$	14,210
Disclosed as:
Current portion	$	9,156
Non-Current portion		5,054
Lease liability	$	14,210

Schedule of future minimum lease payments under operating leases

	Amount
Remainder of 2025	$	2,010,187
2026		2,688,015
2027		2,553,337
2028		2,230,672
2029		2,230,672
2029 and thereafter		19,069,434
Total undiscounted minimum future lease payments		30,782,317
Imputed interest		(11,890,447	)
Total operating lease liability	$	18,891,870
Disclosed as:
Current portion – third parties	$	498,381
Current portion – related parties		410,826
Non-current portion – third parties		10,832,204
Non-current portion – related parties		7,150,459
Lease liability	$	18,891,870