XML 34 R24.htm IDEA: XBRL DOCUMENT v3.23.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2023
Commitments and Contingencies  
Summary of company's right-of-use assets and liabilities

    

For the Six Months Ended

 

June 30, 2023

 

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

 

  

Operating cash flows used in operating activities

$

284,996

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

 

  

Operating leases

$

904,437

Weighted Average Remaining Lease Term (Years)

 

  

Operating leases

 

3.5 years

Weighted Average Discount Rate

 

  

Operating leases

 

10.0

%

Schedule of future minimum operating lease payments

For the Year Ending December 31,

    

Minimum Lease Payments

2023

$

445,025

2024

 

660,923

2025

 

675,400

2026

 

560,996

2027

 

214,619

Total future minimum lease payments

 

2,556,963

Less: amount representing imputed interest

 

(544,996)

Present value of lease liabilities

 

2,011,967

Less: current portion

 

(427,749)

Lease liabilities, non current portion

$

1,584,218