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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF OPERATING LEASE EXPENSE

In accordance with ASC 842, the components of lease expense were as follows:

 

 

For the years ended  2023   2022 
   December 31, 
For the years ended  2023   2022 
Operating lease expense  $978,504   $530,722 
Total lease expense  $978,504   $530,722 
SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES

In accordance with ASC 842, other information related to leases was as follows:

 

 

For the years ended  2023   2022 
   December 31, 
For the years ended  2023   2022 
Operating cash flows from operating leases  $826,307   $538,909 
Cash paid for amounts included in the measurement of lease liabilities  $826,307   $538,909 
           
Weighted-average remaining lease term—operating leases        8.0 Years 
Weighted-average discount rate—operating leases        7%
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

 

   Operating 
Year ending:  Lease 
2023  $893,761 
2024   923,862 
2025   919,143 
2026   882,733 
2027   862,836 
Thereafter   3,431,562 
Total undiscounted cash flows  $7,913,897 
      
Reconciliation of lease liabilities:     
Weighted-average remaining lease terms   8.0 Years 
Weighted-average discount rate   7%
Present values  $6,261,765 
      
Lease liabilities—current   572,230 
Lease liabilities—long-term   5,689,535 
Lease liabilities—total  $6,261,765 
      
Difference between undiscounted and discounted cash flows  $1,652,132