Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases

Schedule of lease cost

	For the Year Ended December 31, 2023		For the Year Ended December 31, 2022
Operating lease cost	$	1,239,539	$	732,767
Finance lease cost
Amortization of lease assets		1,816,463		656,794
Interest on lease liabilities		776,838		181,667
Total finance lease cost	$	2,593,301	$	838,461

Schedule of weighted average remaining lease term and incremental borrowing rate

	For the Year Ended December 31, 2023			For the Year Ended December 31, 2022
Weighted average remaining lease term
Operating leases		6.2 years			7.3 years
Finance leases		11.2 years			13.3 years
Weighted average incremental borrowing rate
Operating leases		9.67	%		9.37	%
Finance leases		10.11	%		9.60	%

Schedule of maturities of operating and finance lease liabilities

Maturities of operating and finance lease liabilities as of December 31, 2023 were as follows:

	Operating Leases		Finance Leases		Total
2024	$	892,779		1,854,104	$	2,746,883
2025		878,281		1,765,385		2,643,666
2026		828,175		1,679,279		2,507,454
2027		855,510		902,127		1,757,637
2028		883,863		931,290		1,815,153
2029		652,422		961,311		1,613,733
2030		536,932		1,062,262		1,599,194
Thereafter		—		8,278,092		8,278,092
Total minimum lease payments		5,527,962		17,433,850		22,961,812
Less: imputed interest		(1,406,740)		(7,513,029)		(8,919,769)
Present value of lease liabilities	$	4,121,222	$	9,920,821	$	14,042,043