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Leases | 9 Months Ended
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Sep. 30, 2024
Leases |
Leases | Note 8 – Leases Operating Leases For the three and nine months ended September 30, 2024 and 2023, operating lease expense payments were $264,854 and $794,561, respectively and $267,745 and $791,558, respectively. Operating lease expense payments are included in general and administrative expenses on the condensed consolidated statements of operations and comprehensive loss. AGEAGLE AERIAL SYSTEMS INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (UNAUDITED) Note 8 – Leases-Continued As of September 30, 2024 and December 31, 2023, balance sheet information related to the Company’s operating leases is as follows: Schedule of Company's Operating Leases
Balance Sheet Location |  | September 30, 2024 |  |  | December 31, 2023 |
Right-of-use-assets |  | $ | 2,863,417 |  |  | $ | 3,525,406 |
Current portion of lease liabilities |  | $ | 950,709 |  |  | $ | 901,925 |
Long-term portion lease liabilities |  | $ | 2,006,920 |  |  | $ | 2,721,743 |
As of September 30, 2024, scheduled future maturities of the Company’s lease liabilities are as follows: Schedule of Future Maturities Lease Liabilities
Year Ending December 31, |  |  |
2024 (rest of year) |  | $ | 274,373 |
2025 |  |  | 1,101,905 |
2026 |  |  | 880,082 |
2027 |  |  | 794,458 |
2028 |  |  | 198,615 |
Total future minimum lease payments, undiscounted |  |  | 3,249,433 |
Less: Amount representing interest |  |  | (291,804 | )
Present value of future minimum lease payments |  | $ | 2,957,629 |
Present value of future minimum lease payments – current |  | $ | 950,709 |
Present value of future minimum lease payments – long-term |  | $ | 2,006,920 |
As of September 30, 2024 and December 31, 2023, the weighted-average lease-term and discount rate of the Company’s leases are as follows: Schedule of Weighted Average Lease-term and Discount Rate Leases
Other Information |  | September 30, 2024 |  |  | December 31, 2023 |
Weighted-average remaining lease terms (in years) |  |  | 3.2 |  |  |  | 3.9 |
Weighted-average discount rate |  |  | 6.1 | % |  |  | 6.1 | %
For the three months and nine months ended September 30, 2024 and 2023, supplemental cash flow information related to leases is as follows: Schedule of Cash Flow Supplemental Information
Other Information |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
Other Information |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Cash paid for amounts included in the measurement of liabilities: Operating cash flows for operating leases |  | $ | 264,854 |  |  | $ | 262,445 |  |  | $ | 794,561 |  |  | $ | 790,783 |
AGEAGLE AERIAL SYSTEMS INC. AND SUBSIDIARIES NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (UNAUDITED)

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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-30/tableOfContent + Details
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