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OPERATING LEASE LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

Operating Lease Liabilities

SCHEDULE OF LEASE COST OPERATING LEASE

The following table outlines the total lease cost for the Company’s operating leases as well as weighted average information for these leases as of March 31, 2024:

 SCHEDULE OF LEASE COST OPERATING LEASE

		March 31, 2024
Lease costs:
Cash paid for operating lease liabilities		$	505,920
Right-of-use assets obtained in exchange for new operating lease obligations		$	21,360,642
Fixed rent payment		$	300,933
Lease – Depreciation expense		$	516,707

		years ended
		March 31, 2024
Other information:
Weighted-average discount rate			6.41	%
Weighted-average remaining lease term (in months)			107

SCHEDULE OF MINIMUM LEASE OBLIGATION

 SCHEDULE OF MINIMUM LEASE OBLIGATION

Minimum Lease obligation
Nine months ended December 31, 2024		$	1,595,397
2025			2,346,540
2026			2,589,372
2027			2,288,363
2028 and thereafter			15,703,089
Total		$	24,522,761

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- References

No definition available.

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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