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Leases | 9 Months Ended
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Sep. 30, 2024
Leases [Abstract] |
Leases | Note 12. Leases Lawrenceville, New Jersey Lease In August 2023, the Company renewed its Lawrenceville office lease for a 24-month agreement for 9,850 square feet with monthly rent payments of approximately $22,983 to $23,394. Huntsville, Alabama Lease In January 2023, the Company renewed its Huntsville facility lease for a 60-month lease agreement for 11,420 square feet with monthly rent payments of approximately $28,550 to $30,903. The following is a table of the lease payments and maturity of the Company’s operating lease liabilities as of September 30, 2024: Schedule of Lease Payments and Maturity of Operating Lease Liabilities
2024 |  | $ | 157,544 |
2025 |  |  | 543,009 |
2026 |  |  | 362,976 |
2027 |  |  | 370,236 |
2028 and thereafter |  |  | 30,903 |
Subtotal future lease payments |  |  | 1,464,668 |
Less: imputed interest |  |  | (198,492 | )
Total lease liabilities |  | $ | 1,266,176 |
Weighted average remaining life |  |  | 2.91 |
Weighted average discount rate |  |  | 9.98 | %
For the three-month and nine-month periods ended September 30, 2024, operating lease expense was $164,944 and $479,401, respectively, and cash paid for operating leases included in operating cash flows was $162,956 and $488,047, respectively. For the three-month and nine-month periods ended September 30, 2023, operating lease expense was $163,201 and $487,923, respectively, and cash paid for operating leases included in operating cash flows was $162,808 and $489,993, respectively.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
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