Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases

Schedule of Lease Components

As of September 30, 2024, the Company’s lease components included in the consolidated balance sheet were as follows:

Lease component	Balance sheet classification	September 30, 2024
Assets
ROU assets – operating lease	Other assets	$	2,343,645
Total ROU assets		$	2,343,645
Liabilities
Current operating lease liability	Current liabilities	$	230,729
Long-term operating lease liability	Other liabilities		2,252,929
Total lease liabilities		$	2,483,658

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of September 30, 2024 were as follows:

2024		124,848
2025		505,957
2026		518,972
2027		489,807
2028 and beyond		2,329,321
Total future minimum lease payments	$	3,968,905
Less: Interest		(1,485,247	)
Total operating lease liabilities	$	2,483,658