SCHEDULE OF COMPONENTS OF LEASE EXPENSE (Details) - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | |||
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Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Leases | ||||||
Amortization of right-of-use assets - finance lease | $ 96,243 | $ 192,486 | $ 128,324 | |||
Interest on lease liabilities - finance lease | 22,235 | 45,785 | 33,838 | |||
Operating lease cost | 29,916 | 59,831 | 39,887 | |||
Total lease cost | 148,394 | 298,102 | 202,049 | |||
Operating cash flows from finance leases | (88,665) | (179,105) | $ (93,238) | |||
Operating cash flows from operating leases | $ (516) | $ (1,032) |
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- References No definition available.
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- Definition Amount of interest expense on finance lease liability. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cash outflow for principal payment on finance lease. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of amortization expense attributable to right-of-use asset from finance lease. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of lease cost recognized by lessee for lease contract. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of single lease cost, calculated by allocation of remaining cost of lease over remaining lease term. Includes, but is not limited to, single lease cost, after impairment of right-of-use asset, calculated by amortization of remaining right-of-use asset and accretion of lease liability. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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