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Right of Use Assets and Liabilities | 6 Months Ended
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Jun. 30, 2025
Right Of Use Assets And Liabilities |
Right of Use Assets and Liabilities | Note 10 – Right of Use Assets and Liabilities As of June 30, 2025, the Company had operating type leases for real estate and no finance type leases. The Company’s leases have remaining lease terms of up to 5.50 years, including options to extend certain leases for up to six years. Operating lease expense totaled $392,257 and $177,964 for the six months ended June 30, 2025 and 2024, respectively. Leases on which the Company made rent payments during the reporting period included: Schedule of Leases Rent Payments
Location |  | Monthly Rent |  |  | Expiration |
South Salt Lake, Utah |  | $ | 24,040 |  |  |  | December 2030 |
Santa Monica, California |  | $ | 16,697 |  |  |  | June 2025 |
San Juan, Puerto Rico |  | $ | 6,186 |  |  |  | June 2027 |
Grantsville, Utah |  | $ | 1,250 |  |  |  | December 2026 |
Carson, California |  | $ | 22,655 |  |  |  | April 2028 |
South Salt Lake, Utah |  | $ | 1,642 |  |  |  | January 2027 |
Supplemental information related to operating leases for the six months ended June 30, 2025 was: Schedule of Operating Leases Supplemental Information
Operating cash paid for leased facilities |  | $ | 344,245 |
Weighted average remaining lease term (in years) |  |  | 4.35 |
Weighted average discount rate |  |  | 12 | %

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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