XML 186 R30.htm IDEA: XBRL DOCUMENT v3.24.4
Leases and Commitments (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Leases and Commitments    
Summary of lease term and discount rate

September 30,

Lease term and discount rate

    

2024

Weighted average remaining lease term

1.88

years

Weighted average discount rate

5.0

%

Lease term and discount rate

     

December 31, 2023

 

Weighted average remaining lease term

    

2.41

years

Weighted average discount rate

 

5.0

%

Summary of lease termination  

    

December 31, 

    

2023

Leases terminated

 

4

Lease termination fees

$

10,932

Operating lease right-of-use assets derecognized upon lease termination

$

96,639

Lease liabilities derecognized upon lease termination

$

89,922

Loss recognized upon lease termination

$

669

Summary of balance sheet information related to leases

    

September 30,

    

December 31,

2024

2023

Operating lease right-of-use assets

Operating lease right-of-use assets

$

198,634

$

164,740

Operating lease liabilities

Short-term operating lease liabilities

$

95,367

$

81,236

Long-term operating lease liabilities

70,555

53,771

Total operating lease liabilities

$

165,922

$

135,007

     

As of December 31,

     

2023

    

2022

Operating lease right-of-use assets

Operating lease right-of-use assets

$

164,740

$

315,765

Operating lease liabilities

 

  

Short-term operating lease liabilities

$

81,236

$

177,795

Long-term operating lease liabilities

 

53,771

102,407

Total operating lease liabilities

$

135,007

$

280,202

Summary of future maturities of ASC 842 lease liabilities

    

    

Imputed

    

Principal

Interest

Years Ending December 31,

Payments

Payments

Total Payments

2024

$

36,976

$

1,921

$

38,897

2025

88,889

3,696

92,585

2026

22,735

1,170

23,905

2027

8,831

626

9,457

2028

8,491

178

8,669

Total future maturities

$

165,922

$

7,591

$

173,513

    

    

Imputed 

    

Principal

 Interest

Payments

Payments

Total Payments

2024

$

81,236

$

3,899

$

85,135

2025

 

27,655

 

1,802

 

29,457

2026

 

8,937

 

1,047

 

9,984

2027

8,758

621

9,379

2028

8,421

176

8,597

Total future maturities

$

135,007

$

7,545

$

142,552

Summary of total lease expense, under ASC 842, was included in selling, general, and administrative expenses in consolidated statement of operations

For the three months ended

    

For the nine months ended

September 30,

September 30,

    

2024

    

2023

    

2024

    

2023

Operating lease expense – fixed payments

$

39,368

$

40,060

$

117,221

$

169,496

Short term lease expense

10,710

10,846

34,929

48,399

Total lease expense

$

50,078

$

50,906

$

152,150

$

217,895

    

For the years ended December 31,

    

2023

    

2022

Operating lease expense – fixed payments

$

209,577

$

276,562

Short term lease expense

 

59,631

90,159

Total lease expense

$

269,208

$

366,721

Summary of supplemental cash flows information related to leases

    

For the nine months ended

    

September 30,

    

2024

    

2023

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash flows from operating leases

$

(111,277)

$

(145,483)

    

As of December 31,

    

2023

    

2022

Cash paid for amounts included in the measurement of lease liabilities:

 

  

Operating cash flows from operating leases

$

(179,621)

$

(258,892)