XML 51 R26.htm IDEA: XBRL DOCUMENT v3.25.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
The components of lease expense were as follows:

The components of lease expense were as follows:

               
    Years Ended  
    December 31,  
    2024   2023  
               
Operating lease cost   $ 487,960   $ 448,630  
Short-term lease cost     5,952     130,483  
Total lease cost   $ 493,912   $ 579,113  
               
Finance lease cost:              
Amortization of right-of-use assets   $ 115,585   $ 110,566  
Interest on lease liabilities     21,896     25,343  
Total finance lease cost   $ 137,481   $ 135,909  
Supplemental cash flow information related to leases was as follows:

Supplemental cash flow information related to leases was as follows:

               
    Years Ended  
    December 31,  
    2024   2023  
               
Cash paid for amounts included in the measurement of lease liabilities:              
Operating cash flows from operating leases   $ 501,214   $ 464,104  
Financing cash flows from finance leases   $ 131,437   $ 125,259  
Supplemental information related to leases was as follows:

Supplemental information related to leases was as follows:

 

    December 31,
2024		   December 31,
2023		  
           
Weighted Average Remaining Lease Term          
Operating leases   5.1 Years   6.9 Years  
Finance leases   2.7 Years   3.7 Years  
           
Weighted Average Discount Rate          
Operating leases   6.52%   5.76%  
Finance leases   6.34%   6.19%  
Maturities of lease liabilities are as follows:

Maturities of lease liabilities are as follows:

 

Year Ending December 31,   Operating Leases   Finance Leases  
2025     533,979     131,437  
2026     533,979     131,437  
2027     533,979     74,194  
2028     520,985     6,181  
Thereafter     1,833,603     —  
Total undiscounted lease payments     3,956,525     343,248  
Less: imputed interest     (555,864 )   (25,048 )
Total lease liabilities   $ 3,400,661   $ 318,200