XML 45 R33.htm IDEA: XBRL DOCUMENT v3.23.4
COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]    
Schedule of supplemental information related to leases
        
  

Nine Months Ended

September 30,

 
   2023   2022 
Lease cost:          
Operating lease cost  $586,228   $582,989 
Short-term lease cost  $ 56,052   $ 26,127 
           
Other information:          
Operating cash outflow used for operating leases  $ 505,664   $ 323,750 
Weighted average discount rate   9.0%   9.0%
Weighted average remaining lease term  8.6 years    9.6 years 
         
   Year Ended December 31, 
   2022   2021 
Lease cost:          
Operating lease cost  $782,591   $414,085 
Short-term lease cost   33,751    21,628 
           
Other information:          
Operating cash outflow used for operating leases   416,250    285,959 
Weighted average discount rate   9.0%   9.0%
Weighted average remaining lease term   9.5 years    10.4 years 
Schedule of future minimum lease payments
     
    Amount  
Calendar year:        
2023   $ 191,205  
2024     779,087  
2025     798,556  
2026     818,518  
2027     838,984  
Thereafter     4,043,427  
Total undiscounted future minimum lease payments     7,469,777  
Less: Impact of discounting     (2,384,618 )
Total present value of operating lease obligations     5,085,159  
Current portion     (774,306)  
Operating lease obligations, less current portion   $ 4,310,853  
       
 

As of

December 31, 2022

  
Fiscal year:        
   2023    $ 696,869  
   2024     779,087  
   2025     798,556  
   2026     818,518  
   2027     838,984  
   Thereafter     4,043,427  
      Total undiscounted future minimum lease payments     7,975,441  
Less: Impact of discounting     (2,735,629 )
Total present value of operating lease liability     5,239,812  
      Current portion     (696,869 )
Operating lease liability, less current portion   $ 4,542,943