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Liabilities for Leased Facilities
12 Months Ended
Dec. 31, 2023
Liabilities for Leased Facilities  
Liabilities for Leased Facilities

Note 8: Liabilities for Leased Facilities

 

The Company has various leases for its Company-owned Craft Pizza & Pub locations and its corporate office.

 

The following table summarizes the right of use asset and lease liability as of December 31, 2023.

 

Right of use assets

 

$4,930,014

 

Lease liability

 

 

 

 

Current

 

 

799,165

 

Long-term

 

 

4,378,927

 

Total

 

$5,178,092

 

 

The following table summarizes the Company’s scheduled minimum lease payments as of December 31, 2023.

 

2024

 

$ .802 million

2025 and 2026

 

2.766 million

2027 and 2028

 

1.1 million

After 2028

 

.5 million

Total operating lease obligations

 

$ 5.2 million