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COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]    
SCHEDULE OF OPERATING LEASE RIGHT OF USE OF ASSETS AND LIABILITIES

Right-of-use lease assets and lease liabilities for our operating leases was recorded in the consolidated balance sheet as follows:

 

   June 30, 2024   December 31, 2023 
         
Operating lease right-of-use asset  $2,576,036   $2,576,036 
Accumulated amortization   (1,263,704)   (1,003,547)
Net balance  $1,312,332   $1,572,489 
           
Lease liability, current portion  $517,733   $510,034 
Lease liability, long-term   760,524    1,021,330 
Total operating lease liabilities  $1,278,257   $1,531,364 

 

   2023   2022 
   For the Year Ended 
   December 31, 
   2023   2022 
         
Operating lease right-of-use asset  $2,576,036   $2,576,036 
Accumulated amortization   (1,003,547)   (494,468)
Net balance  $1,572,489   $2,081,568 
           
Lease liability, current portion  $510,034   $494,979 
Lease liability, long-term   1,021,330    1,531,364 
Total operating lease liabilities  $1,531,364   $2,026,343 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

As of June 30, 2024, future minimum required lease payments due under the non-cancellable operating lease are as follows:

 

 

      
2024 (six months)  $274,500 
2025   549,000 
2026   503,250 
Total future minimum lease payments   1,326,750 
Less imputed interest   (48,493)
Maturities of lease liabilities  $1,278,257 

As of December 31, 2023, future minimum required lease payments due under the non-cancellable operating lease are as follows:

 

      
2024   549,000 
2025   549,000 
2026   503,250 
Total future minimum lease payments   1,601,250 
Less imputed interest   (69,886)
Maturities of lease liabilities  $1,531,364