Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases

Schedule of lease cost

	For the Three Months Ended September 30, 2023		For the Nine Months Ended September 30, 2023
Operating lease cost	$	287,590		956,673
Finance lease cost
Amortization of lease assets		526,709		1,240,249
Interest on lease liabilities		235,566		525,791
Total finance lease cost	$	762,275	$	1,766,040

Schedule of weighted average remaining lease term and incremental borrowing rate

	For the Nine Months Ended September 30, 2023			For the Nine Months Ended September 30, 2022
Weighted average remaining lease term
Operating leases		6.7	years		4.2	years
Finance leases		11.3	years		9.5	years
Weighted average incremental borrowing rate
Operating leases		9.45	%		5.25	%
Finance leases		10.12	%		6.65	%

Schedule of maturities of operating and finance lease liabilities

	Operating Leases		Finance Leases		Total
2023 (excluding the nine months ended September 30, 2023)	$	175,322		411,365	$	586,687
2024		667,825		1,825,556		2,493,381
2025		635,180		1,736,837		2,372,017
2026		575,350		1,664,975		2,240,325
2027		592,572		902,127		1,494,699
2028		610,407		931,290		1,541,697
2029		628,723		961,311		1,590,034
Thereafter		536,933		9,340,354		9,877,287
Total minimum lease payments		4,422,312		17,773,815		22,196,127
Less: imputed interest		(1,192,210)		(7,755,573)		(8,947,783)
Present value of lease liabilities	$	3,230,102	$	10,018,242	$	13,248,344