XML 45 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of amounts recorded in condensed consolidated balance sheet

    

June 30, 

    

December 31,

2023

2022

Right-of-Use Assets

Operating lease right-of-use assets

$

14,549,978

$

16,315,342

Lease Liabilities:

Operating lease liabilities

$

16,127,975

$

18,079,469

Finance Lease cost

Amortization of right-of-use assets

$

997,195

$

827,191

Interest of lease liabilities

59,238

35,633

Total finance lease cost

$

1,056,433

$

862,824

June 30, 

December 31,

2023

2022

Operating leases

Weighted average remaining lease term

5.6 years

5.9 years

Weighted average discount rate

7%

7%

Finance Leases

Weighted average remaining lease term

2.3 years

1.1 years

Weighted average discount rate

5%

4%

Schedule of expected future payments relating to our operating lease liabilities

Operating

Financing

Remainder of 2023

 

$

2,397,348

 

$

539,908

2024

4,195,546

1,017,604

2025

3,675,921

762,930

2026

2,104,048

415,065

2027

 

1,643,022

 

3,316

Thereafter

 

5,230,326

 

Total minimum payments

19,246,211

2,738,823

Less amounts representing interest

3,118,236

206,497

Present value of minimum payments

$

16,127,975

$

2,532,326

Schedule of expected future payments relating to our finance lease liabilities

Operating

Financing

Remainder of 2023

 

$

2,397,348

 

$

539,908

2024

4,195,546

1,017,604

2025

3,675,921

762,930

2026

2,104,048

415,065

2027

 

1,643,022

 

3,316

Thereafter

 

5,230,326

 

Total minimum payments

19,246,211

2,738,823

Less amounts representing interest

3,118,236

206,497

Present value of minimum payments

$

16,127,975

$

2,532,326