v3.23.3
Right-of-Use Assets and Liabilities
9 Months Ended
Sep. 30, 2023
Right-of-Use Assets and Liabilities  
Right-of-Use Assets and Liabilities

Note 14 – Right-of-Use Assets and Liabilities

Future lease payments under operating leases as of September 30, 2023, were as follows:

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​

​

​

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2023 (3 months remaining)

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$

174,413

2024

​

 

191,120

2025

​

 

132,982

Total Future Lease Payments

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498,515

Less: Imputed Interest

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(33,857)

Total Lease Liability Balance

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$

464,658

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Operating lease costs under the operating leases totaled $209,475 and $160,767 for the three months ended September 30, 2023, and 2022, respectively. Operating lease costs under the operating leases totaled $620,166 and $486,409 for the nine months ended September 30, 2023, and 2022, respectively.

As of September 30, 2023, the weighted average discount rate was 8.3% and the weighted average remaining lease term was 1.5 years.