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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Schedule of Operating Lease Right-of-Use Assets, Net | Operating lease right-of-use assets, net and operating lease liabilities consisted of the following:
|  | As of December 31,
|  | 2024 |  | 2023
Operating lease right-of-use assets |  | 10,393,154 |  |  | 11,372,614 |
Operating lease right-of-use assets – accumulated amortization |  | (4,971,918 | ) |  | (4,434,132 | )
Operating lease right-of-use assets, net |  | 5,421,236 |  |  | 6,938,482 |
Operating lease liabilities, current |  | 2,060,022 |  |  | 2,172,368 |
Operating lease liabilities, non-current |  | 3,911,466 |  |  | 5,255,281 |
Total operating lease liabilities |  | 5,971,488 |  |  | 7,427,649 |
A summary of lease cost recognized in the Group’s consolidated statements of operations and comprehensive loss is as follows:
|  | For the Years Ended December 31,
|  | 2024 |  | 2023
Operating leases cost excluding short-term rental expense |  | $ | 2,437,633 |  | $ | 2,529,180
Short-term lease cost |  |  | 355,098 |  |  | 98,935
Total |  | $ | 2,792,731 |  | $ | 2,628,115
Schedule of Maturity of Lease Liabilities Under Operating Leases | The following table summarizes the maturity of lease liabilities under operating leases as of December 31, 2024:
|  | Operating Leases
For the years ending December 31, |  |  |
2025 |  | $ | 2,299,231
2026 |  |  | 1,303,612
2027 |  |  | 588,220
2028 |  |  | 333,149
2029 and thereafter |  |  | 2,794,794
Total lease payments |  |  | 7,319,006
Less: imputed interest |  |  | 1,347,518
Total |  |  | 5,971,488
Less: current portion |  |  | 2,060,022
Non-current portion |  | $ | 3,911,466

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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 + Details
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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 + Details
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