Disclosure pack
Jan 1, 2026 to Sep 30, 2026. The tables for the leases footnote (ASC 842-20-50-4 to 50-6). Click any figure to see what it's made of.
Lease cost
| Component | Amount |
|---|---|
| Finance lease cost | |
| Amortization of right-of-use assets | |
| Interest on lease liabilities | |
| Operating lease cost | |
| Short-term lease cost | |
| Variable lease cost | |
| Total lease cost | 215,057.66 |
Other information
| Item | Amount |
|---|---|
| Cash paid for amounts included in the measurement of lease liabilities | |
| Operating cash flows from operating leases | |
| Operating cash flows from finance leases | |
| Financing cash flows from finance leases | |
| Right-of-use assets obtained in exchange for new lease liabilities | |
| Operating leases | |
| Finance leases | |
| Weighted-average remaining lease term, at Sep 30, 2026 | |
| Operating leases | 6.79 years |
| Finance leases | 3.09 years |
| Weighted-average discount rate, at Sep 30, 2026 | |
| Operating leases | 6.48% |
| Finance leases | 6.75% |
Weighted-average term is weighted by each lease's liability; the rate by each lease's remaining undiscounted payments.
Balance sheet presentation at Sep 30, 2026
| Lease liabilities | Operating leases | Finance leases |
|---|---|---|
| Current portion | ||
| Noncurrent portion | ||
| Total |
Current portion: the reduction in each liability over the next 12 months (payments due less interest). The method is set in Company profile. ROU assets are noncurrent.
Maturity of lease liabilities at Sep 30, 2026
| Period | Operating leases | Finance leases |
|---|---|---|
| 12 months ending Sep 30, 2027 | ||
| 12 months ending Sep 30, 2028 | ||
| 12 months ending Sep 30, 2029 | ||
| 12 months ending Sep 30, 2030 | ||
| 12 months ending Sep 30, 2031 | ||
| Thereafter | – | |
| Total undiscounted lease payments | 1,635,273.68 | 180,651.00 |
| Less: imputed interest | (330,339.54) | (18,834.02) |
| Present value of lease liabilities |
Short-term and variable lease cost
Costs that aren't in any lease schedule: short-term leases kept off the balance sheet, and variable payments such as CAM true-ups or percentage rent.
| Date | Type | Description | Amount |
|---|---|---|---|
| Jun 30, 2026 | Short-term | Storage unit, 6-month lease | 1,800.00 |
| Mar 31, 2026 | Variable | 2025 CAM reconciliation, Suite 200 | 3,150.00 |