| LEASES |
NOTE 16: LEASES The Company has operating and finance leases for its corporate offices, call centers and vehicles. The following table provides a summary of the components of lease costs, which are included within cost of revenue and selling, general and administrative on the accompanying consolidated statements of operations and comprehensive loss, for the years ended December 31: | | | | | | | | | 2024 | | 2023 | Operating lease costs | | $ | 172,974 | | $ | 168,995 | Short-term lease costs | | | 181,718 | | | 209,102 | Finance lease costs | | | | | | | Amortization of ROU assets | | | 121,457 | | | 118,851 | Interest on lease liabilities | | | 19,000 | | | 18,956 | Total lease costs | | $ | 495,149 | | $ | 515,904 |
The following table provides the weighted-average lease terms and discount rates for the Company’s operating and finance leases at December 31: | | | | | | | | | 2024 | | 2023 | Weighted-average remaining lease term (in years) | | | | | | | Operating leases | | | 2.5 years | | | 2.52 years | Finance leases | | | 1.7 years | | | 2.55 years | Weighted-average discount rate | | | | | | | Operating leases | | | 14.2% | | | 8.0% | Finance leases | | | 8.0% | | | 8.0% |
The following tables provides a summary of lease liability maturities as of December 31, 2024: | | | | | | | | | | | | Finance | | | | | | | | | Leases | | Operating Leases | | Total | 2025 | | $ | 113,506 | | $ | 143,412 | | $ | 256,918 | 2026 | | | 62,634 | | | 86,291 | | | 148,925 | 2027 | | | 33,814 | | | 64,744 | | | 98,558 | Total undiscounted lease payments | | | 209,954 | | | 294,447 | | | 504,401 | Less: imputed interest | | | (14,836) | | | (42,088) | | | (56,924) | Total lease liabilities | | $ | 195,118 | | $ | 252,359 | | $ | 447,477 |
|