Lease (Tables)

6 Months Ended

Jun. 30, 2024

Lease

Summary of long leases in the condensed consolidated balance sheet

	ROU Asset		Operating Lease Liability - Current		Operating Lease Liability – Non-Current		Total Operating Lease Liability
Lease:
Office and laboratory, Pretoria, South Africa	$	595,655	$	59,746	$	611,220	$	670,966
Additional production, Pretoria, South Africa		306,197		177,221		128,976		306,197
Laboratory, Pretoria, South Africa		58,177		22,059		37,424		59,483
Office and production, Pretoria, South Africa		457,373		282,770		237,154		519,924
Total	$	1,417,402	$	541,796	$	1,014,774	$	1,556,570

	ROU Asset		Operating Lease Liability - Current		Operating Lease Liability – Non-Current		Total Operating Lease Liability
Lease:
Office and laboratory, Pretoria, South Africa	$	626,548	$	53,504	$	637,348	$	690,852
Laboratory, Pretoria, South Africa		68,089		19,608		48,805		68,413
Office and production, Pretoria, South Africa		564,064		263,452		380,494		643,946
Total	$	1,258,701	$	336,564	$	1,066,647	$	1,403,211

Schedule of quantitative information regarding operating lease

	Three Months Ended June 30, 2024			Three Months Ended June 30, 2023			Six Months Ended June 30, 2024			Six Months Ended June 30, 2023
Operating Lease Cost
Operating lease cost	$	167,692		$	28,069		$	316,592		$	59,229
Other Information
Operating cash flows paid for amounts included in the measurement of lease liabilities	$	162,037		$	21,572		$	305,375		$	45,520
Operating lease liabilities arising from obtaining right-of-use assets	$	-		$	-		$	364,458		$	-
Weighted average remaining lease term (years)		3.80			7.50			3.80			7.50
Weighted average discount rate		10.12	%		7.50	%		10.12	%		7.50	%

Schedule of future lease payments under noncancelable operating leases

	Operating Leases
Future Lease Payments
2024 (remaining six months)	$	335,331
2025		676,330
2026		263,476
2027		129,538
2028		139,254
Thereafter		310,624
Total lease payments	$	1,854,553
Less: imputed interest		(297,983	)
Total lease liabilities	$	1,556,570
Less current portion		(541,796	)
Lease liability – noncurrent	$	1,014,774

Schedule of quantitative information regarding the Company's finance lease liabilities

	Three Months Ended June 30, 2024			Three Months ended June 30, 2023			Six Months Ended June 30, 2024			Six Months Ended June 30, 2023
Finance Lease Cost
Interest on lease liabilities	$	16,893		$	—		$	23,933		$	—
Other Information
Operating cash flows paid for amounts included in the measurement of finance lease liabilities	$	24,468		$	—		$	38,846		$	—
Amortization of right-of-use assets	$	9,871		$	—		$	19,312		$	—
Weighted average remaining lease term (years)		4.4			—			4.4			—
Weighted average discount rate		12.9	%		—	%		12.9	%		—	%

Schedule of future lease payments under noncancelable finance leases

	Finance Leases
Future Lease Payments
2024 (remaining six months)	$	101,183
2025		203,143
2026		202,645
2027		195,913
2028		157,005
Thereafter		47,463
Total lease payments	$	907,352
Less: imputed interest		(224,191	)
Total lease liabilities	$	683,161
Less current portion		(120,595	)
Lease liability – noncurrent	$	562,566