Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

 

Remaining lease term (years) for our office lease     1.8  
Remaining lease term (years) for our equipment lease     0.3  
Weighted average remaining lease term (years) for our facility and equipment leases     1.7  
Weighted average discount rate for our facility and equipment leases     8.0 %
Schedule of Annual Lease Liabilities for all Operating Leases

Annual lease liabilities for all operating leases were as follows as of December 31, 2023:

 

         
2024   $ 92,389  
2025     70,040  
Total lease payments     162,429  
Less: Interest     (11,875 )
Present value of lease liabilities     150,554  
Less: current maturities     (83,649 )
Non-current lease liability   $ 66,905