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INTEREST AND TAXES PAID
6 Months Ended
Jun. 30, 2024
Other Income and Expenses [Abstract]  
INTEREST AND TAXES PAID

5) INTEREST AND TAXES PAID

 

Income taxes – The Company paid zero in income taxes for the three months ended June 30, 2024 and 2023, respectively. The Company paid zero in income taxes for the six months ended June 30, 2024 and received $19,456 in income tax refunds for the six months ended June 30, 2023.

 

Interest – The Company paid $129,539 and $92,379 for the three months ended June 30, 2024 and 2023, respectively, in interest on short and long-term debt. The Company paid $264,518 and $186,184 for the six months ended June 30, 2024 and 2023, respectively, in interest on short and long-term debt.