Leases (Tables)

6 Months Ended

Jun. 30, 2024

Leases

Schedule of Lease Cost

The Company’s operating and finance right-of-use assets and lease liabilities are as follows:

	As of June 30, 2024
Operating lease right-of-use asset	$	301,214
Operating lease liability, current	$	130,973
Operating lease liability, long-term	$	197,946
Remaining lease term		2.6 years
Discount rate		3.63	%

	For the Six Months Ended June 30, 2024
Cash paid for operating lease	$	64,002

Schedule of Future Annual Minimum Lease Payments

Future annual minimum under non-cancellable operating leases as of June 30, 2024, were as follows:

As of June 30, 2024
Years ended December 31,
2024 (excluding the six months ended June 30, 2024)		64,642
2025		132,503
2026		136,473
Thereafter		11,654
Total minimum lease payments		345,272
Less imputed interest		(16,353	)
Present value of minimum lease payments	$	328,919