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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases  
Schedule of Operating Leases Right of Use Asset

 

  

March 31,

2024

  

December 31,

2023

 
Operating Leases          
Office space  $196,722   $ 
Vehicles   199,289    155,253 
Total right-of-use asset  $396,011   $155,253 
           
Office space  $198,857   $ 
Vehicles   182,041    135,706 
Total lease liability  $380,898   $135,706 
Schedule of Components of Lease Costs

The following table summarizes the components of the Company’s lease costs incurred for the periods below:

 

  

Three Months Ended

March 31, 2024

  

Three Months Ended

March 31, 2023

 
Operating lease cost  $39,271   $ 
Short-term lease cost   12,600     
Total lease cost  $51,871   $ 
The Company’s weighted-average remaining lease terms and discount rates as of March 31, 2024 are as follows:

 

  Operating Leases Weighted-average lease term (years)  2.0 Weighted-average discount rate  10.2%
Schedule of Future Commitments of Operating Lease Liabilities

 

   Operating Leases 
2024  $145,165 
2025   197,138 
2026   82,479 
2027   3,737 
Total lease payments   428,519 
Less: imputed interest   (47,621)
Total lease liability  $380,898 
Schedule of Supplemental Cash Flow Related to Leases

Supplemental cash flow disclosures related to leases are presented below:

 

  

Three Months Ended

March 31, 2024

  

Three Months Ended

March 31, 2023

 
Cash paid for amounts included in the measurement of lease liabilities – operating cash flows from operating leases  $34,383   $ 
Right-of-use assets obtained in exchange for operating liabilities  $270,290   $