Merchant Accounts Payable (Details) |
12 Months Ended | |||
---|---|---|---|---|
Dec. 31, 2023
USD ($)
|
Dec. 31, 2022
USD ($)
|
Mar. 20, 2023 |
Mar. 19, 2023 |
|
Payables and Accruals [Line Items] | ||||
Merchant accounts payable | $ 74,135,491 | $ 83,020,739 | ||
Net interest expense | 15,968,380 | 8,600,716 | ||
Merchant Interest Program | ||||
Payables and Accruals [Line Items] | ||||
Merchant accounts payable | $ 53,616,718 | $ 66,469,982 | ||
Spread on fixed rate (as percent) | 0.0520 | 0.0380 | ||
Spread on variable rate (percent) | 3.00% | |||
Average yield (percent) | 4.31% | 3.56% | ||
Net interest expense | $ 2,587,908 | $ 2,484,997 | ||
Deferred payments due on demand (maximum 7 days) | $ 250,000 |
X | ||||||||||
- Definition Accounts Payable, Average Percentage Yield No definition available.
|
X | ||||||||||
- Definition Accounts Payable, Due Upon Demand, Threshold Per Seven Day Period No definition available.
|
X | ||||||||||
- Definition Accounts Payable, Interest, Basis Spread on Variable Rate No definition available.
|
X | ||||||||||
- Definition Accounts Payable, Interest, Fixed Interest Rate No definition available.
|
X | ||||||||||
- Definition Payables and Accruals [Line Items] No definition available.
|
X | ||||||||||
- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Details
|