Quarterly report pursuant to Section 13 or 15(d)

Finance Leases (Tables)

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Finance Leases (Tables)
 6 Months Ended
Jun. 30, 2024
Finance Leases  
Schedule of property and equipment, net
       
    June 30,   December 31,
    2024   2023
  Land     $ 1,000,000     $ 1,000,000  
  Building       100,000       100,000  
  Equipment       2,000,000       2,000,000  
Schedule of supplemental balance sheet information related to finance leases
               
    June 30,   December 31,
    2024   2023
Finance lease liabilities:                
Current portion   $ 218,348     $ 214,715  
Non-current portion     2,535,033       2,644,123  
Total   $ 2,753,381     $ 2,858,838  
Schedule of future minimum lease payments of finance lease
         
Year Ending December 31,    
2024 (excluding the six months ended June 30, 2024)     $ 149,186  
2025       298,248  
2026       296,030  
2027       292,928  
2028       2,023,534  
Total lease payment       3,059,926  
Less imputed interest       (306,545 )
Total     $ 2,753,381  
Schedule of other supplemental information
       
    June 30,
    2024
Weighted average discount rate     3.02 %
Weighted average remaining lease term (years)     3.90