Quarterly report pursuant to Section 13 or 15(d)

Leases ??? Related Party (Tables)

v3.23.3
Leases – Related Party (Tables) - Visconti Holdings L L C [Member]
 9 Months Ended
Sep. 30, 2023
Defined Benefit Plan Disclosure [Line Items]  
Schedule of future lease payments
Schedule of leases supplemental balance sheet information        
    September 30,   December 31,
    2023   2022
Operating lease ROU asset   $ 876,901     $ 1,167,551  

 

    September 30,   December 31,
    2023   2022
Operating lease liabilities:                
Current portion   $ 409,033     $ 393,069  
Non-current portion     540,460       851,096  
Total   $ 949,493     $ 1,244,165  

 

At September 30, 2023, future minimum lease payments under the non-cancelable operating lease is as follows:

 

         
Year Ending December 31,    
2023 (excluding the nine months ended September 30, 2023)     $ 99,225  
2024       416,745  
2025       437,582  
Total lease payments       953,552  
Less imputed interest       (4,059 )
Total     $ 949,493  
Schedule of future lease payments
         
Year Ending December 31,    
2023 (excluding the nine months ended September 30, 2023)     $ 99,225  
2024       416,745  
2025       437,582  
Total lease payments       953,552  
Less imputed interest       (4,059 )
Total     $ 949,493  
Schedule of other supplemental information
       
    September 30,
    2023
Weighted average discount rate     0.36 %
Weighted average remaining lease term (years)     2.17