Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

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Leases (Tables)
 3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Operating Lease Expense
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
March 31,
2024 2023
Fixed lease expense $ 136,645  $ 102,969 
Variable lease expense 124,361  8,935 
Total operating lease expense 261,006  111,904 
Short-term lease expense 20,513  - 
Total lease expense $ 281,519  $ 111,904 
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:
March 31,
2024		 December 31,
2023
Operating lease right-of-use assets $ 1,568,705  $ 834,972 
Current portion of operating lease liabilities 356,421  244,774 
Long-term operating lease liabilities 1,229,219  574,260 
Total operating lease liabilities $ 1,585,640  $ 819,034 
Schedule of Lease Maturities
The following table presents the Company’s maturities of lease liabilities as of March 31, 2024:
2024 (excluding the three months ended March 31, 2024) $ 366,040 
2025 573,152 
2026 583,306 
2027 316,110 
2028 53,409 
2029 onward - 
Total lease payments 1,892,017 
Total present value discount (306,377)
Operating lease liabilities $ 1,585,640