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LEASES (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Assets And Liabilities, Lessee

Supplemental balance sheet information related to leases is as follows:

			Balance Sheet Classification						September 30, 2024						December 31, 2023
Assets
Operating Lease Asset			Right of use asset, net						$	1,093,551					$	1,233,538
Finance Lease Asset			Right of use asset, net						-						3,472
Total Lease Assets									$	1,093,551					$	1,237,010
Liabilities
Operating Lease Liability – current portion			Current Lease Liabilities						$	275,029					$	240,444
Finance Lease Liability – current portion			Current Lease Liabilities						—						4,608
Operating Lease Liability – net of current portion			Long Term Lease Liabilities						1,111,740						1,321,578
Total Lease Liabilities									$	1,386,769					$	1,566,630

Schedule of Weighted-Average Discount Rate and Weighted-Average Remaining Lease Term

Below is a summary of the weighted-average discount rate and weighted-average remaining lease term for the Company’s leases:

			Weighted  Average  Discount  Rate						Weighted  Average  Remaining  Lease Term  (in years)
Operating Leases			13.03		%				4.0
Finance Leases			13.39		%				0

Supplemental cash flow information related to operating leases is as follows:

			Nine Months Ended September 30,
			2024						2023
Cash payments for operating leases			$	320,471					$	311,137
Cash payments for finance leases			4,782						7,308

Schedule of Undiscounted Operating Lease Liabilities

Below is a summary of undiscounted operating lease liabilities as of September 30, 2024. The table also includes a reconciliation of the future undiscounted cash flows to the present value of the operating lease liabilities included in the condensed consolidated balance sheet.

			Operating  Leases
2024			$	109,663
2025			443,038
2026			456,330
2027			470,019
2028 and thereafter			303,574
Total undiscounted cash flows			1,782,624
Less: interest			(395,855)
Present value of lease liabilities			$	1,386,768

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- Definition

Assets And Liabilities, Lessee

+ References

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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

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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

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