Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.24.3
Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating and Financing Leases

 

Remaining lease term (years) for our facility lease     1.0  
Remaining lease term (years) for our equipment lease     1.4  
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 the operating lease were as follows at September 30, 2024:

 

         
2024   $ 23,347  
2025     70,040  
Total lease payments     93,387  
Less: Interest     (4,610 )
Present value of lease liabilities     88,777  
Less: current maturities     (88,777 )
Non-current lease liability   $ -  
Schedule of Annual Lease Liabilities for all Financing Leases

Annual lease liabilities for the financing lease were as follows at September 30, 2024:

 

         
2024   $ 1,616  
2025     6,820  
2026     488  
Total lease payments     8,924  
Less: Interest     (857 )
Present value of lease liabilities     8,067  
Less: current maturities     (5,899 )
Non-current lease liability   $ 2,168