XML 61 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Schedule of rent expense and sublease income
Rent expense is recognized over the expected term of the lease on a straight-line basis as a component of general and administrative expense. Rent expense and sublease income as follows for the years ended December 31:
20232022
Rent expense$1,304,865 $1,159,695 
Sublease income$544,138 $529,411 
Schedule of balance sheet classification
At December 31, 2023 and 2022, the Company recorded the following on the Consolidated Balance Sheet:
Right-of-Use AssetsDecember 31, 2023December 31, 2022
Operating lease right-of-use assets$6,674,394 $5,218,403 
Lease LiabilitiesDecember 31, 2023December 31, 2022
Operating lease current liabilities$348,092 $172,910 
Operating lease non-current liabilities5,296,247 4,586,301 
Total$5,644,339 $4,759,211 
Schedule of operating lease liability maturities
Maturity of Leases Liabilities at December 31, 2023
Operating Leases
2024$863,320 
2025836,100 
2026909,911 
2027934,180 
2028740,791 
After 20284,847,400 
Total minimum lease payments9,131,702 
Less: Interest(3,487,363)
Present value of lease liabilities$5,644,339