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Leases (Tables)
12 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Schedule of Lease Costs The following table illustrates operating and variable lease costs, included in selling, general and administrative expenses within the Company's Consolidated Statements of Operations, for the periods indicated:
Year Ended
March 31,
2023
Three Months Ended
March 31, 2022
(Transition Period)
Year Ended December 31, 2021Year Ended December 31, 2020
Operating lease costs$148,760 $36,699 $142,965 $147,390 
Variable lease costs$14,177 $3,759 $16,115 $9,293 
The weighted average remaining lease term and discount rate for the periods indicated below were as follows:
As of
March 31, 2023
As of
March 31, 2022
As of
December 31, 2021
Weighted average remaining lease term (in years)8.038.698.73
Weighted average discount rate4.69 %3.72 %3.72 %
Supplemental Cash Flow Information
The following table presents supplemental information relating to cash flow arising from lease transactions:
Year Ended
March 31,
2023
Three Months Ended
March 31, 2022
(Transition Period)
Year Ended December 31, 2021Year Ended December 31, 2020
Operating cash outflows from operating leases$167,774 $43,903 $177,391 $155,990 
Leased assets obtained in exchange for new operating lease liabilities$181,080 $(892)$28,244 $390,957 
Schedule of Operating Lease Liability Maturity The following table presents the future minimum lease payments under the Company's operating lease liabilities as of March 31, 2023:
Fiscal year ending March 31,
2024$175,002 
2025160,326 
2026127,319 
2027107,147 
202889,890 
2029 and thereafter355,135 
Total lease payments$1,014,819 
Less: Interest168,116 
Total present value of lease liabilities$846,703