Leases (Tables)

6 Months Ended

Jun. 30, 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

	June 30, 2025		December 31, 2024
Non-current assets
Right-of-use assets – finance leases, net of depreciation, included in Property and equipment	$	10,104	$	15,699
Right-of-use assets – operating leases, net of amortization		10,817,251		9,920,592
Right-of-use assets – operating leases, related party, net of amortization		7,423,571		—
	$	18,250,926	$	9,936,291

Schedule of lease costs

	Six months ended June 30,
	2025		2024
Finance lease cost:
Depreciation of right-of-use assets	$	5,595	$	5,595
Interest expense on finance lease liabilities		484		771
		6,079		6,366
Operating lease costs
Third parties	$	975,571	$	374,000
Related parties		531,344		—
		1,506,915		374,000
Lease cost	$	1,512,994	$	380,366

Schedule of other lease

	Six months ended June 30,
	2025			2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	(484	)	$	(771	)
Operating cash flows from operating leases – third parties		(910,846	)		(374,000	)
Operating cash flows from operating leases – related parties		(317,050	)		—
Financing cash flows from finance leases		(4,431	)		(4,169	)
Cash paid for amounts included in the measurement of lease liabilities	$	(1,232,811	)	$	(378,940	)
Weighted average lease term – finance leases		1 years and 6 months			2 years and 5 months
Weighted average remaining lease term – operating leases		13 years and 6 months			18 years
Discount rate – finance leases		6.54	%		6.58	%
Discount rate – operating leases		7.67	%		7.60	%

Schedule of future minimum lease payments under finance leases

	Amount
Remainder of 2025	$	4,915
2026		6,195
2027		1,707
		12,817
Imputed interest		(852	)
Total finance lease liability	$	11,965
Disclosed as:
Current portion	$	9,310
Non-Current portion		2,655
Lease liability	$	11,965

Schedule of future minimum lease payments under operating leases

	Amount
Remainder of 2025	$	1,340,124
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		30,112,254
Imputed interest		(11,393,572	)
Total operating lease liability	$	18,718,682
Disclosed as:
Current portion – third parties	$	511,241
Current portion – related parties		427,962
Non-current portion – third parties		10,742,709
Non-current portion – related parties		7,036,770
Lease liability	$	18,718,682