Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.23.3
Leases (Tables)
9 Months Ended
Sep. 30, 2023
Leases [Abstract]  
Supplemental Information Related to Leases Supplemental information related to leases for the nine months ended September 30, 2023 and 2022 is as follows:
Nine Months Ended September 30,
2023 2022
Cash paid for amounts included in the measurement of operating lease liabilities $ 558,028  $ 549,402 
Right-of-use assets obtained in exchange for operating lease liabilities $ —  $ — 
Weighted-average remaining lease term - operating leases 3.90 years 3.60 years
Weighted-average discount rate - operating leases % %
Future Minimum Lease Commitments Future minimum lease commitments under non-cancellable operating leases as of September 30, 2023 were as follows:
 Operating Leases
Year 1 $ 398,741 
Year 2 127,092 
Year 3 119,902 
Year 4 61,044 
Year 5 53,752 
Thereafter 130,553 
Total lease payments 891,084 
Less: imputed interest 93,409 
Total $ 797,675 
Assets and Liabilities, Lessee
Supplemental information related to operating leases as of September 30, 2023 and December 31, 2022 is as follows:
September 30, 2023 December 31, 2022
Operating leases
Right-of-use assets $ 754,957  $ 1,245,549 
Operating lease liability, current $ 367,938  $ 687,589 
Operating lease liability, long-term 429,737  623,452 
Total operating lease liability $ 797,675  $ 1,311,041