XML 40 R27.htm IDEA: XBRL DOCUMENT v3.24.2.u1
OPERATING LEASE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
SCHEDULE OF LEASE COST OPERATING LEASE

The following table outlines the total lease cost for the Company’s operating leases as well as weighted average information for these leases as of June 30, 2024:

 

   Six Month Ended June 30, 
   2024   2023 
Cash paid for operating lease liabilities  $1,021,684   $207,130 
Right-of-use assets obtained in exchange for new operating lease obligations  $662,696   $- 
Fixed rent payments          
Lease – Depreciation expense  $1,041,593   $426,714 
Weighted-average discount rate   6.48%   6.41%
Weighted-average remaining lease term (in months)   98    108 
SCHEDULE OF MINIMUM LEASE OBLIGATION

 

     
Minimum Lease obligation    
Twelve months ended June 30, 2025  $2,315,810 
Twelve months ended June 30, 2026   2,480,432 
Twelve months ended June 30, 2027   2,500,009 
Twelve months ended June 30, 2028   2,377,117 
Twelve months ended June 30, 2029 and thereafter   14,133,630 
Total  $23,806,998