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Operating Leases (Tables)
6 Months Ended
Jun. 30, 2024
Operating Leases  
Components of lease expense and related cash flows

Three Months Ended June 30, 

Six Months Ended June 30, 

2024

   

2023

   

2024

   

2023

Operating lease cost

$

188,310

$

247,359

$

376,620

$

479,349

Variable lease cost

138,819

133,022

238,706

316,296

Total operating lease cost

$

327,129

$

380,381

$

615,326

$

795,645

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash outflows for operating leases

$

196,314

$

280,518

$

392,628

$

560,210

Maturities of lease liabilities due

Operating Lease

    

Obligation

July 1, 2024 - December 31, 2024

$

396,555

2025

67,401

Thereafter

Total

463,956

Present value adjustment

(15,181)

Present value of lease payments

$

448,775

Schedule of supplemental information related to leases

    

June 30, 

December 31, 

Operating Leases

2024

2023

Weighted-average remaining lease term (in years)

0.6

1.1

Weighted-average incremental borrowing rate

10.0%

10.0%

Six Months Ended June 30, 

2024

   

2023

Right-of-use assets obtained in exchange for operating lease obligations

$

-

$

872,892