XML 156 R15.htm IDEA: XBRL DOCUMENT
v3.24.3

Leases | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Leases [Abstract] |  |
LEASES | NOTE 9 — LEASES The Company has various operating leases for clinics and office spaces. The lease agreements do not specify an explicit interest rate. The Company’s management believes that the interest rate of 6.6% and 5% was the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments. As of June 30, 2024 and December 31, 2023, the right-of-use assets totaled $272,474 and $296,742, respectively. As of June 30, 2024 and December 31,2023, lease liabilities consist of the following:
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Lease liabilities – current portion |  | $ | 199,297 |  |  | $ | 207,128 |
Lease liabilities – non-current portion |  |  | 114,096 |  |  |  | 118,979 |
Total |  | $ | 313,393 |  |  | $ | 326,107 |
Other lease information is as follows:
|  | June 30, |  |  | December 31, |
|  | 2024 |  |  | 2023 |
Weighted-average remaining lease term – operating leases |  |  | 0.67years |  |  |  | 0.92years |
Weighted-average discount rate – operating leases |  |  | 5 | % |  |  | 5 | %
Short term lease cost |  | $ | 100,009 |  |  | $ | 114,937 |
The following is a schedule of future minimum payments under operating leases as of June 30, 2024:
|  | June 30, 2024 |
Not later than 1 year |  | $ | 199,654 |
Between 1 to 2 years |  |  | 79,079 |
Between 2 to 3 years |  |  | 35,018 |
Total lease payments |  |  | 313,751 |
Less: imputed interest |  |  | (358 | )
Total operating lease liabilities, net of interest |  | $ | 313,393 |
| NOTE 9 — LEASES The Company has various operating leases for clinics and office spaces. The lease agreements do not specify an explicit interest rate. The Company’s management believes that the interest rate of 6.6% and 5% was the most indicative rate of the Company’s borrowing cost for the calculation of the present value of the lease payments. As of December 31, 2023 and 2022, the right-of-use assets totaled $283,847, and $383,670, respectively. As of December 31, 2023 and 2022, lease liabilities consist of the following:
|  | December 31, |
|  | 2023 |  |  | 2022 |
Lease liabilities – current portion |  | $ | 207,128 |  |  | $ | 184,651 |
Lease liabilities – non-current portion |  |  | 118,979 |  |  |  | 242,187 |
Total |  | $ | 326,107 |  |  | $ | 426,838 |
Other lease information is as follows:
|  | December 31, |
|  | 2023 |  |  | 2022 |
Weighted-average remaining lease term – operating leases |  |  | 0.92 years |  |  |  | 1.91 years |
Weighted-average discount rate – operating leases |  |  | 5 | % |  |  | 5 | %
Short term lease cost |  | $ | 114,937 |  |  | $ | 89,380 |
The following is a schedule of future minimum payments under operating leases as of December 31, 2023:
|  | December 31, 2023 |
Not later than 1 year |  | $ | 240,835 |
Between 1 to 2 years |  |  | 111,613 |
Between 2 to 3 years |  |  | 10,373 |
Total lease payments |  |  | 362,821 |
Less: imputed interest |  |  | (36,714 | )
Total operating lease liabilities, net of interest |  | $ | 326,107 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration