Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Supplemental Information Related to Leases
Supplemental information related to leases for the three months ended March 31, 2023 was as follows:
Three Months Ended
March 31, 2023 March 31, 2022
Cash paid for amounts included in the measurement of operating lease liabilities $ 184,072  $ 181,661 
Right-of-use assets obtained in exchange for operating lease liabilities $ —  $ — 
Weighted-average remaining lease term - operating leases 3.60 years 3.80 years
Weighted-average discount rate - operating leases % %
Future Minimum Lease Commitments Future minimum lease commitments under non-cancellable operating leases as of March 31, 2023 were as follows:
 Operating Leases
Year 1 $ 691,899 
Year 2 146,956 
Year 3 120,763 
Year 4 94,023 
Year 5 53,092 
Thereafter 157,648 
Total lease payments 1,264,381 
Less: imputed interest 121,050 
Total $ 1,143,331 
Assets and Liabilities, Lessee Supplemental information related to operating leases as of March 31, 2023 and December 31, 2022 was as follows:
March 31, 2023 December 31, 2022
Operating leases
Right-of-use assets $ 1,084,033  $ 1,245,549 
Operating lease liability, current $ 646,805  $ 687,589 
Operating lease liability, long-term 496,526  623,452 
Total operating lease liability $ 1,143,331  $ 1,311,041