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The Company and its Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
The Company and its Significant Accounting Policies [Abstract]  
Financial Information Associated with our Leases
The tables below present financial information associated with our leases as of and for the years ended December 31, 2023, and 2022.


Classification  
December 31,
 
Assets

 
2023
   
2022
 
Current

           
Operating lease assets
Operating lease right-of-use asset
 
$
85,000
   
$
20,000
 
Total leased assets
   
$
85,000
   
$
20,000
 
                   
Liabilities
                 
Current
                 
Finance lease liabilities
Obligations under finance lease - current portion   $ -     $ -  
Operating lease liabilities
Operating lease right-of-use liability - current portion
 
$
27,000
   
$
23,000
 
                   
Long-term
                 
Operating lease liabilities
Operating lease right-of-use liability - net of current portion
   
58,000
     
-
 
Total lease liabilities
   
$
85,000
   
$
23,000
 
                   
Lease Cost
                 
Operating lease cost
Selling, general and administrative
 
$
-
   
$
41,000
 
                   
Finance lease cost
                 
Interest on lease liabilities
Interest expense
   
-
     
-
 
                   
Sublease income
Interest income - sales-type sublease
   
-
     
-
 
Net lease cost
   
$
-
   
$
41,000
 
Maturity of Lease Liabilities
Maturity of lease liabilities (as of December 31, 2023)
 
Operating lease
 
2024
  $ 30,000  
2025
    30,000  
2026
    31,000  
Total
 
$
91,000
 
Less amount representing interest
    6,000
 
Present value of lease liabilities
 
$
85,000
 
Discount rate
    4.140