Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

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Leases (Tables)
 6 Months Ended
Jun. 30, 2024
Leases  
Schedule of Operating lease expense

The operating lease expense were as follows:

 

    2024     2023  
    Six months ended June 30,  
    2024     2023  
Operating lease cost   $ 188,741     $ 175,055  
Summary of Other Supplemental Information

Supplemental balance sheet information related to operating leases was as follows:

 

    June 30,     December 31,  
    2024     2023  
Operating lease right-of-use assets at inception   $ 284,861     $ 1,276,515  
Accumulated amortization     (22,854 )     (1,160,942 )
Total operating lease right-of-use assets   $ 262,007     $ 115,573  
                 
Right-of-use assets obtained in exchange for new operating lease liability   $ 284,861     $ -  
                 
Operating lease liabilities - current   $ 262,007     $ 119,272  
Operating lease liabilities - non-current     -       -  
Total operating lease liabilities   $ 262,007     $ 119,272  
                 
Weighted-average remaining lease term — operating leases (year)     0.92       0.42  
Weighted-average discount rate — operating leases     8.25 %     4.73 %
Schedule of Future Minimum Lease Payments Under Operating Leases

Future minimum lease payments under operating leases that have initial noncancelable lease terms in excess of one year at June 30, 2024 were as follows:

 

    Total  
Year Ended December 31,        
2024 - Remaining 6 months   $ 147,859  
2025     123,216  
Thereafter     -  
Total Undiscounted lease payments     271,075  
Less: Imputed interest     (9,068 )
Operating lease liabilities     262,007