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Leases (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Leases    
Schedule of Right-of Use Asset and Lease Information About Operating Lease

The following summarizes the ROU lease expense components and cash flow information for the Company’s operating leases:

 

                 
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2024   2023   2024   2023 
                 
Operating lease cost  $22,947   $25,193   $45,894   $42,737 
Variable lease cost   9,937    -    20,377    - 
Sublease income   (2,163)   (2,121)   (4,326)   (4,242)
Total lease cost  $30,721   $23,072   $61,945   $38,495 
                     
Cash paid for operating cash flows from operating leases  $22,707   $23,331   $45,189   $42,771 
Right-of-use assets obtained in exchange for new operating lease liability  $-   $-   $-   $365,556 

The following summarizes the right-of use asset and lease information for the Company’s operating leases:

 

   2023   2022 
   Years Ended 
   December 31, 
   2023   2022 
         
Operating lease cost  112,022   70,175 
Variable lease cost   24,222     
Sublease income   (7,819)   (7,070)
Total lease cost  128,425   63,105 
           
Other information          
Operating cash flows from operating leases  95,641   76,248 
Right-of-use assets obtained in exchange for new operating lease liabilities  365,556    
           
Weighted-average remaining lease term - operating leases (year)   4.67    0.80 
Weighted-average discount rate - operating leases   10.48%   10%
Schedule of Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases was as follows:

 

   June 30,  

December 31,

 
   2024   2023 
         

Weighted-average remaining lease term (year)

   4.18    4.98 
Weighted-average discount rate   10.48%   10.46%
 
Schedule of Future Non-cancelable Minimum Lease Payments Under Operating Lease Liability

Future non-cancelable minimum lease payments under the operating lease liability as of June 30, 2024, are as follows:

 

Years Ended December 31,    
2024 (excluding the six months ended June 30, 2024)  $46,313 
2025   94,246 
2026   97,074 
2027   99,986 
2028   68,235 
Total future minimum lease payments   405,854 
Less: imputed interest   (76,737)
Present value of payments  $329,117 

Future non-cancelable minimum lease payments under the operating lease liability as of December 31, 2023, are as follows:

Years ended December 31,    
2024  $91,502 
2025   94,247 
2026   97,074 
2027   99,986 
2028   68,235 
Total future minimum lease payments   451,044 
Less: imputed interest   (94,438)
Present value of payments  $356,606