XML 38 R27.htm IDEA: XBRL DOCUMENT v3.24.2.u1
OPERATING LEASES - RIGHT OF USE ASSETS (Tables)
 12 Months Ended
Dec. 31, 2023
OPERATING LEASES - RIGHT OF USE ASSETS  
Schedule of operating lease

 

 

 

Related Party

 

 

 

 

 

 

Year Ending December 31

 

Airway Rd.

 

 

Ruffin Rd.

 

 

Total

 

2024

 

$129,362

 

 

$935,666

 

 

$1,065,028

 

2025

 

 

129,362

 

 

 

968,414

 

 

 

1,097,776

 

2026

 

 

-

 

 

 

1,002,309

 

 

 

1,002,309

 

2027

 

 

-

 

 

 

1,037,390

 

 

 

1,037,390

 

2028

 

 

-

 

 

 

1,073,698

 

 

 

1,073,698

 

Thereafter

 

 

-

 

 

 

2,955,867

 

 

 

2,955,867

 

Total lease payments

 

 

258,724

 

 

 

7,973,344

 

 

 

8,232,068

 

Less: imputed interest/present value discount

 

 

(17,130)

 

 

(1,726,033)

 

 

(1,743,163)

Total

 

$241,594

 

 

 

6,247,311

 

 

$6,488,905