XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.2.u1
LEASES (Tables)
6 Months Ended
Jun. 30, 2024
Leases  
SCHEDULE OF OPERATING LEASE WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES

 

   June 30,   December 31, 
   2024   2023 
Weighted average remaining lease term (in years)   2.65    3.86 
Weighted average discount rate   9.10%   8.10%
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER OPERATING LEASES

Future minimum lease payments required under operating leases on an undiscounted cash flow basis as of June 30, 2024, were as follows:

 

   For the Years Ended, 
   December 31, 
Remainder of 2024  $154,659 
2025   211,980 
2026   207,944 
2027   80,459 
Total minimum lease payments   655,042 
Less: imputed interest   (76,937)
Present value of future minimum lease payments   578,105 
      
Current operating lease liabilities   222,243 
Non-current operating lease liabilities  $355,862 
SCHEDULE OF FINANCING LEASE WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES

 

   June 30,   December 31, 
   2024   2023 
Weighted average remaining lease term (in years)   3.00    N/A 
Weighted average discount rate   12.08%   N/A 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER FINANCING LEASES
   For the Years Ended, 
   December 31, 
Remainder of 2024  $19,825 
2025   39,650 
2026   39,650 
2027   12,898 
2028   - 
Total minimum lease payments   112,023 
Less: imputed interest   (14,960)
Present value of future minimum lease payments   97,063 
      
Current operating lease liabilities   29,524 
Non-current operating lease liabilities  $67,539