XML 44 R29.htm IDEA: XBRL DOCUMENT v3.24.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Summary of Net Lease Cost and Other Supplemental Lease Information

The following table presents net lease cost and other supplemental lease information:

 

December 31,

 

 

2023

 

 

2022

 

Lease cost:

 

 

 

 

 

Operating lease cost

$

27,675

 

 

$ 201,400

 

Short term lease cost

 

 

 

Net lease cost

 

27,675

 

 

 

2,022

 

Cash paid for operating lease liabilities

$

(109,379

)

 

$

(204,930

)

Schedule of Estimated Future Minimum Lease Payments, Excluding Non-Lease Components

As of December 31, 2023, the estimated future minimum lease payments, excluding non-lease components, are as follows:

 

Operating

 

Fiscal Year

Leases

 

2024

$

204,930

 

2025

 

204,930

 

2026

 

204,930

 

2027

 

204,930

 

2028

 

204,930

 

Total future minimum annual lease payments

 

1,024,650

 

Less: Imputed interest

 

(176,799

)

Present value of lease liabilities

$

847,851