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LEASES (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
SCHEDULE OF LEASE PAYMENTS AND MATURITY OF OPERATING LEASE LIABILITIES

The following is a table of the lease payments and maturity of the Company’s operating lease liabilities as of December 31, 2023:

 

   For the year ending December 31, 
2024  $626,323 
2025   543,009 
2026   362,976 
2027   370,236 
2028 and Thereafter   30,903 
Subtotal future lease payments   1,933,447 
Less imputed interest   (308,733)
Total lease liabilities  $1,624,714 
      
Weighted average remaining life   3.5 years  
      
Weighted average discount rate   9.98%