XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.3
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of supplemental information related to leases
        
  

Nine Months Ended

September 30,

 
   2024   2023 
Lease cost:          
Operating lease cost  $586,228   $586,228 
Short-term lease cost  $16,477   $56,052 
           
Other information:          
Operating cash outflow used for operating leases  $583,101   $505,664 
Weighted average discount rate   9.0%   9.0%
Weighted average remaining lease term   7.75 years    8.6 years 
Schedule of future minimum lease payments due under the operating lease
     
    Amount  
Calendar year:        
2024   $ 195,986  
2025     798,556  
2026     818,518  
2027     838,984  
2028     859,856  
Thereafter     3,183,571  
Total undiscounted future minimum lease payments     6,695,471  
Less: Impact of discounting     (1,940,223 )
Total present value of operating lease obligations     4,755,248  
Current portion, operating lease obligation     (793,658 )
Operating lease obligations, less current portion   $ 3,961,590