Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Lease Costs Includes General and Administrative Expenses The following table presents the Company’s lease costs which are included in general and administrative expenses in the unaudited condensed consolidated statements of operations:
    Three months ended     Six months ended  
    June 30,     June 30,  
    2023     2022     2023     2022  
Fixed lease expense   $ 104,528     $ 139,315     $ 207,497     $ 69,191  
Variable lease expense     96,335       89,016       105,270       44,508  
Total operating lease expense   $ 200,863     $ 228,331     $ 312,767     $ 113,699  
Schedule of Right-of-Use Assets and Lease Liabilities The following table presents the balance and classifications of the Company’s right-of-use assets and lease liabilities included in the unaudited condensed balance sheets:
    Balance Sheet Location   June 30,
2023		     December 31,
2022		  
Assets                
Noncurrent                
Operating lease assets   Operating lease right-of-use asset   $ 1,384,779     $ 317,208  
                     
Liabilities                    
Current                    
Operating lease liabilities   Operating lease liabilities - current     524,279       410,158  
Noncurrent                    

Operating lease liabilities

   Operating lease liabilities - long-term     992,660       87,214  
Total lease liabilities       $ 1,516,939     $ 497,372  
Schedule of Maturities of Lease Liabilities The following table presents the Company’s maturities of lease liabilities as of June 30, 2023:
2023     $ 220,745  
2024       66,374  
2025       208,169  
2026       268,483  
2027       290,968  
2028 onward       2,476,008  
Total lease payments       3,530,747  
Total present value discount       (2,013,808 )
Operating lease liabilities     $ 1,516,939