Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2025

The amount and the maturity of the Company’s operating lease liabilities as of September 30, 2025, are as follows:


	September 30, 2025
2025	$	303,615
2026		1,197,919
2027		1,525,416
2028		1,592,125
Thereafter		6,523,473
Total future minimum lease payments		11,142,548
Less imputed interest		2,845,587
Total operating lease liabilities	$	8,296,961
Included in the condensed consolidated balance sheet:
Current operating lease liabilities	$	464,239
Non-current operating lease liabilities		7,832,722
Total operating lease liabilities	$	8,296,961

For the three and nine months ended September 30, 2025 and 2024, the total lease cost is comprised of the following amounts:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2025		2024		2025		2024
Operating lease expense	$	357,890	$	87,836	$	1,107,510	$	263,506
Short-term lease expense		1,347		1,615		3,606		4,884
Total lease expense	$	359,237	$	89,451	$	1,111,116	$	268,390

The following summarizes additional information related to operating leases:


	September 30, 2025			December 31, 2024
Weighted-average remaining lease term (in years)		6.97			7.80
Weighted-average discount rate		8.6	%		8.6	%

follows and included in prepaid and accrued expenses on the consolidated balance sheet statement:



For the Nine Months Ended September 30,	2025			2024
Balance January 1	$	181,256		$	142,217
Increase		—			—
Expensed		(98,508	)		(80,109	)
Balance March 31,	$	82,748		$	62,108
Increase		456,000			349,909
Expensed		(85,160	)		(78,593	)
Balance June 30,	$	453,588		$	333,424
Increase		194,488			63,478
Expensed		(177,858	)		(121,512	)
Balance September 30,	$	470,218		$	275,390

MYOMO, INC. 10-Q