Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.23.3
COMMITMENTS AND CONTINGENCIES (Tables)
 9 Months Ended
Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of supplemental information related to leases
           
   

Nine Months Ended

September 30,

  
    2023     2022  
Lease cost:                
Operating lease cost   $ 586,228     $ 582,989  
Short-term lease cost   $  56,052     $  26,127  
                 
Other information:                
Operating cash outflow used for operating leases   $  505,664     $  323,750  
Weighted average discount rate     9.0 %     9.0 %
Weighted average remaining lease term   8.6 years       9.6 years  
Schedule of future minimum lease payments
     
    Amount  
Calendar year:        
2023   $ 191,205  
2024     779,087  
2025     798,556  
2026     818,518  
2027     838,984  
Thereafter     4,043,427  
Total undiscounted future minimum lease payments     7,469,777  
Less: Impact of discounting     (2,384,618 )
Total present value of operating lease obligations     5,085,159  
Current portion     (774,306)  
Operating lease obligations, less current portion   $ 4,310,853