v3.25.2
COMMITMENTS AND CONTINGENCIES (Tables)
 6 Months Ended
Jun. 30, 2025
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 Six months ended  2025   2024 
   June 30, 
For the Six months ended  2025   2024 
Operating lease expense  $620,144   $591,643 
Total lease expense  $620,144   $591,643 
SCHEDULE OF OTHER INFORMATION RELATED TO OPERATING LEASES

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

 

For the Six months ended  2025   2024 
Operating cash flows from operating leases  $641,290   $542,277 
Cash paid for amounts included in the measurement of lease liabilities  $641,290   $524,277 
           
Weighted-average remaining lease term—operating leases        6.3 Years 
Weighted-average discount rate—operating leases        7%
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

 

   Operating 
Year ending:  Lease 
2025 (remaining six months)  $706,920 
2026   1,367,546 
2027   1,338,677 
2028   1,287,339 
2029   1,083,410 
Thereafter   3,134,813 
Total undiscounted cash flows  $8,918,745 
      
Reconciliation of lease liabilities:     
Weighted-average remaining lease terms   6.3 Years 
Weighted-average discount rate   7%
Present values  $7,556,502 
      
Lease liabilities—current   1,084,255 
Lease liabilities—long-term   6,472,247 
Lease liabilities—total  $7,556,502 
      
Difference between undiscounted and discounted cash flows  $1,362,243