Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.3
Leases (Tables)
 9 Months Ended
Sep. 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     Nine months ended  
    September 30,     September 30,  
    2023     2022     2023     2022  
Fixed lease expense   $ 129,822     $ 139,315     $ 382,662     $ 69,191  
Variable lease expense     136,785       89,016       192,547       44,508  
Total operating lease expense   $ 266,607     $ 228,331     $ 575,209     $ 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   September 30,
2023		     December 31,
2022		  
Assets                
Noncurrent                
Operating lease assets   Operating lease right-of-use asset   $ 2,090,859     $ 317,208  
                     
Liabilities                    
Current                    
Operating lease liabilities   Operating lease liabilities - current     616,308       410,158  
Noncurrent                    
Operating lease liabitlies   Operating lease liabilities - long-term     1,629,516       87,214  
Total lease liabilities       $ 2,245,824     $ 497,372  
Schedule of Maturities of Lease Liabilities The following table presents the Company’s maturities of lease liabilities as of September 30, 2023:
2023   $ 199,850  
2024     194,982  
2025     394,811  
2026     455,125  
2027     477,610  
2028 onward     2,940,247  
Total lease payments     4,662,625  
Total present value discount     (2,416,801 )
Operating lease liabilities   $ 2,245,824