v3.24.3
Commitments and Contingencies (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]    
Schedule of Components of Lease Expense

The components of lease expense for the three months ended June 30, 2024 and 2023, are as follows:

 

Components of lease expense:  2024   2023 
   For the Three Months Ended June 30, 
Components of lease expense:  2024   2023 
Operating lease cost  $46,140   $50,440 
Sublease income   (52,542)   (51,082)
Total lease (income) cost  $(6,402)  $(642)

 

The components of lease expense for the six months ended June 30, 2024 and 2023, are as follows:

 

Components of lease expense:  2024   2023 
   For the Six Months Ended June 30, 
Components of lease expense:  2024   2023 
Operating lease cost  $93,384   $101,888 
Sublease income   (105,084)   (102,165)
Total lease (income) cost  $(11,700)  $(277)

The components of lease expense, are as follows:

 

         
   For the Year Ended December 31,  
Components of lease expense:  2023   2022 
Operating lease cost  $199,611   $191,483 
Lease impairment cost   -    303,327 
Sublease income   (204,324)   (177,588)
Total lease (income) cost  $(4,713)  $317,222 
Schedule of Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases are as follows:

 

Supplemental cash flow information:  2024   2023 
   For the Six Months Ended June 30, 
Supplemental cash flow information:  2024   2023 
Cash paid for amounts included in the measurement of lease liabilities:          
Non-cash lease expense (operating cash flow)  $87,579   $86,320 
Change in lease liabilities (operating cash flow)   (152,335)   (138,804)

Supplemental cash flow information related to leases are as follows:

 

         
   For the Year Ended December 31,  
Supplemental cash flow information:  2023   2022 
Cash paid for amounts included in the measurement of lease liabilities:        
Non-cash lease expense (operating cash flow)  $173,245   $152,018 
Non-cash impairment of right to use assets (operating cash flow)   -    (303,327)
Change in lease liabilities (operating cash flow)   (284,963)   (243,596)
Operating lease right-of-use assets obtained in exchange for lease obligations:          
Operating leases  $ -   $762,603 
Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

 

Operating leases:  June 30, 2024   December 31, 2023 
Operating lease right-of-use assets  $46,434   $134,013 
Operating lease liability, current   81,708    234,043 
Total operating lease liabilities  $81,708   $234,043 

 

Weighted-average remaining lease term:  June 30, 2024   December 31, 2023 
Operating leases (in years)   0.26    0.76 

 

Weighted-average discount rate:  June 30, 2024   December 31, 2023 
Operating leases   6.83%   6.76%

Supplemental balance sheet information related to leases was as follows:

 

Operating leases:  December 31,
2023 		   December 31,
2022 		 
Operating lease right-of-use assets  $134,013   $307,258 
Operating lease liability, current   234,043    284,963 
Operating lease liability, long-term   -     234,043 
Total operating lease liabilities  $234,043   $519,006 

 

Weighted-average remaining lease term:  December 31,
2023 		   December 31,
2022 		 
Operating leases (in years)
   0.76    1.76 

 

Weighted-average discount rate:  December 31,
2023 		   December 31,
2022 		 
Operating leases
   6.76%   6.74%
Schedule of Future Minimum Lease Payments Under Non-Cancellable Lease

Future minimum lease payments under non-cancellable lease as of June 30, 2024, are as follows:

 

Maturities of lease liabilities:    
Year Ending December 31,     
Remainder of 2024  $82,679 
Total undiscounted cash flows   82,679 
Less discounting   (971)
Present value of lease liabilities  $81,708 

Future minimum lease payments under non-cancellable lease as of December 31, 2023, are as follows:

 

Maturities of lease liabilities:    
Maturities of lease liabilities:    
Year Ending December 31, 2024  $240,818 
Total undiscounted cash flows   240,818 
Less discounting   (6,775)
Present value of lease liabilities  $234,043