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LEASES (Tables)
12 Months Ended
Dec. 31, 2024
LEASES  
Schedule of operating Leases

Operating leases:

 

December 31,

2024

 

 

December 31,

2023

 

 

Assets:

 

 

 

 

 

 

Operating lease right-of-use asset

 

$399,254

 

 

$467,935

 

Liabilities:

 

 

 

 

 

 

 

 

Current Portion of Long-Term Operating Lease

 

$129,132

 

 

$115,658

 

Long-Term Operating Lease, Net of Current Portion

 

 

513,395

 

 

 

642,527

 

Total

 

$642,527

 

 

$758,185

 

Schedule of components of lease Expenses

 

 

For the Year Ended December 31,

2024

 

 

For the Year Ended December 31,

2023

 

 

 

 

 

 

 

 

Operating lease expense

 

$157,315

 

 

$157,315

 

Schedule of Other Information Related To Leases

 

 

December 31,

2024

 

 

December 31,

2023

 

 

Weighted-average remaining lease term:

 

 

 

 

 

 

Operating leases

 

4.00 years

 

 

5.00 years

 

 

 

 

 

 

 

 

Discount rate:

 

 

 

 

 

 

Operating leases

 

 

7.00%

 

 

7.00%
Supplemental Cash Flow Information Related To Leases

 

 

For the Year Ended December 31,

2024

 

 

For the Year Ended December 31,

2023

 

Cash paid for amounts included in the measurement of lease liabilities:

 

$165,098

 

 

$160,290

 

Schedule of maturities of operating lease payments

Year Ended:

 

Operating Lease

 

December 31, 2025

 

$170,051

 

December 31, 2026

 

 

175,153

 

December 31, 2027

 

 

180,408

 

December 31, 2028

 

 

185,819

 

December 31, 2029

 

 

33,752

 

Thereafter

 

 

-

 

Total minimum lease payments

 

 

745,183

 

Less: Interest

 

 

102,656

 

Present value of lease obligations

 

 

642,527

 

Less: Current portion

 

 

129,132

 

Long-term portion of lease obligations

 

$513,395