Operating Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2023

Operating Lease Obligations

Schedule Right-of-use Asset

The Company’s right-of-use asset and lease liability as of December 31, 2023 and 2022 is as follows:

	December 31, 2023		December 31, 2022
Right-of-use asset	$	917,354	$	1,238,055
Current lease liability	$	328,229	$	387,329
Long-term lease liability	$	608,761	$	884,146

Schedule of Lease Costs

The following is a summary of the Company’s total lease costs:

	December 31, 2023		December 31, 2022
Operating lease cost	$	488,463	$	409,179

Schedule of Measurement of Lease Liabilities

The following is a summary of cash paid in 2023 and 2022 for amounts included in the measurement of lease liabilities:

	December 31, 2023		December 31, 2022
Operating cashflow	$	515,776	$	400,130

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of December 31, 2023:

2024	$	400,999
2025		286,395
2026		277,767
2027		117,158
Total future minimum lease payments		1,082,319
Less: amount representing interest		(145,329	)
Present value of future payments		936,990
Current portion		328,229
Long term portion	$	608,761