SCHEDULE OF BALANCE SHEET INFORMATION RELATING TO LEASES (Details) - USD ($) |
Jun. 30, 2024 |
Dec. 31, 2023 |
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Leases | ||
Operating lease right-of-use asset | $ 324,942 | $ 370,312 |
Operating lease liability, current | 98,593 | 94,708 |
Operating lease liability, long-term | 232,714 | 283,001 |
Finance lease right-of-use asset, gross | 1,294,168 | 1,294,168 |
Accumulated amortization | (320,810) | (128,324) |
Finance lease right-of-use asset, net | 973,358 | 1,165,844 |
Finance lease liability, current portion | 380,259 | 365,463 |
Finance lease liability, long-term | 641,566 | 835,467 |
Total finance lease liabilities | $ 1,021,825 | $ 1,200,930 |
Weighted average remaining operating lease, term | 3 years 29 days | 3 years 6 months 29 days |
Weighted average remaining finance lease, term | 2 years 9 months 25 days | 3 years 3 months |
Operating leases | 8.07% | 8.07% |
Finance leases | 8.02% | 8.01% |
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- References No definition available.
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated amortization, of right-of-use asset from finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated amortization of right-of-use asset from finance lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before accumulated amortization, of right-of-use asset from finance lease. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Weighted average discount rate for finance lease calculated at point in time. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average remaining lease term for finance lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Present value of lessee's discounted obligation for lease payments from operating lease, classified as current. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Present value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of lessee's right to use underlying asset under operating lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Weighted average discount rate for operating lease calculated at point in time. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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