Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Summary of Leases

The following is a summary of the Company’s leases as of June 30, 2024:

	June 30, 2024
Weighted-average remaining lease term years			13.91
Weighted-average discount rate			8.17	%
Right of use assets (1)		$	5,469,329
Lease liabilities (2)		$	(5,066,569	)
Operating lease rent expense		$	330,144
Variable lease costs			304,618
Total rent and variable lease costs		$	634,762

(1) A portion of the right of use assets in the amount of $774,689 is included in prepaid expenses, inventory and other assets. (2) Lease liabilities are included in accounts payable and accrued liabilities.

Schedule of Minimum Future Lease Payments

A schedule of minimum future lease payments for the following six and twelve-month periods is as follows:

For the six months ending December 31, 2024	$	324,952
December 31, 2025		630,710
December 31, 2026		598,753
December 31, 2027		586,525
December 31, 2028		568,536
December 31, 2029		569,028
December 31, 2030 and thereafter		10,231,530
Total undiscounted lease payments		13,510,034
Less imputed interest		(8,443,465	)
Total lease liability	$	5,066,569