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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases |
SCHEDULE OF LEASE PAYMENTS AND MATURITY OF OPERATING LEASE LIABILITIES | The following is a table of the lease payments and maturity of the Company’s operating lease liabilities as of December 31, 2023: SCHEDULE OF LEASE PAYMENTS AND MATURITY OF OPERATING LEASE LIABILITIES
|  | For the year ending December 31, |
2024 |  | $ | 626,323 |
2025 |  |  | 543,009 |
2026 |  |  | 362,976 |
2027 |  |  | 370,236 |
2028 and Thereafter |  |  | 30,903 |
Subtotal future lease payments |  |  | 1,933,447 |
Less imputed interest |  |  | (308,733 | )
Total lease liabilities |  | $ | 1,624,714 |
Weighted average remaining life |  |  | 3.5 years |
Weighted average discount rate |  |  | 9.98 | %

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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 + Details
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