v3.25.1
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF OPERATING LEASE EXPENSE

In accordance with ASC 842, the components of lease expense were as follows:

 

For the years ended  2024   2023 
   December 31, 
For the years ended  2024   2023 
Operating lease expense  $1,274,090   $978,504 
Total lease expense  $1,274,090   $978,504 
SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES

In accordance with ASC 842, other information related to leases was as follows:

 

For the years ended  2024   2023 
   December 31, 
For the years ended  2024   2023 
Operating cash flows from operating leases  $1,109,475   $826,307 
Cash paid for amounts included in the measurement of lease liabilities  $1,109,475   $826,307 
           
Weighted-average remaining lease term—operating leases        6.6 Years 
Weighted-average discount rate—operating leases        7%
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS
   Operating 
Year ending:  Lease 
2025  $1,425,588 
2026   1,444,372 
2027   1,417,804 
2028   1,368,842 
2029   1,167,352 
Thereafter   3,310,319 
Total undiscounted cash flows  $10,134,277 
      
Reconciliation of lease liabilities:     
Weighted-average remaining lease terms   6.6 Years 
Weighted-average discount rate   7%
Present values  $8,299,887 
      
Lease liabilities—current   975,210 
Lease liabilities—long-term   7,324,677 
Lease liabilities—total  $8,299,887 
      
Difference between undiscounted and discounted cash flows  $1,834,390