Annual report [Section 13 and 15(d), not S-K Item 405]

LEASES (Tables)

v3.25.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases  
Schedule of lease cost for operating leases
           
    2024     2023  
Lease Cost                
Operating lease cost   $ 468,996     $ 468,997  
Short-term lease cost     169,051       215,289  
Total lease cost   $ 638,047     $ 684,286  
Schedule of supplemental cash flow information related to leases
           
    2024     2023  
Other Lease Information                
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 399,609     $ 359,347  
Amortization of right-of-use assets   $ 396,979     $ 369,774  
Schedule of lease-related assets and liabilities
           
    2024     2023  
Lease Position                
Operating Leases:                
Operating lease right-of-use assets   $ 739,234     $ 1,136,213  
Right-of-use liabilities operating leases short-term     443,950       399,611  
Right-of-use liabilities operating leases long-term     331,222       775,170  
Total operating lease liabilities   $ 775,172     $ 1,174,781  
Schedule of present value lease payments
   
Lease Term and Discount Rate   December 31, 2024
Weighted-average remaining lease term (years):    
Operating leases   1.7
Weighted-average discount rate:    
Operating leases   6.82%
Schedule of maturities of lease liabilities
     
    Operating  
    Leases  
2025     485,702  
2026     340,591  
Total future undiscounted lease payments     826,293  
Less: Interest     (51,121 )
Present value of lease liabilities   $ 775,172