Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.24.1
Commitments and Contingencies (Tables)
 12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

    For the Year
Ended
December 31, 2023		     For the Year
Ended
December 31, 2022		  
Weighted Average Remaining Lease Term In Years                
Operating leases     0.2       1.72  
                 
Weighted Average Discount Rate                
Operating leases     6.24 %     5.78 %
Schedule of Operating lease liabilities

Maturities of operating lease liabilities are as follows:

 

Year ended December 31:      
2024     9,887  
Total   $ 9,887  
Less: Imputed interest     (76 )
Present value of lease liabilities   $ 9,811  
Schedule of Cost Component of Operating Leases

The cost component of operating leases is as follows:

 

    For the Year
Ended
December 31, 2023		     For the Year
Ended
December 31, 2022		  
Operating lease cost   $

191,359

     $ 229,312  
Short-term lease cost     -       -  
Total lease cost   $

191,359

     $ 229,312  
Schedule of Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to operating leases is as follows:

 

 

    For the Year
Ended
December 31, 2023		     For the Year
Ended
December 31, 2022		  
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 195,257     $ 235,775