Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

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LEASES (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
SCHEDULE OF RIGHT-OF-USE-ASSETS AND RELATED LEASE LIABILITIES

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

 

    Three Months Ended March 31,  
    2024     2023  
             
Cash paid for operating lease liabilities   $ 22,300     $ 36,700  
Weighted-average remaining lease term     29 months       32 months  
Weighted-average discount rate     10 %     10 %
SCHEDULE OF MATURITIES OF LEASE LIABILITIES

 

Maturities of lease liabilities as of March 31, 2024 were as follows:      
2024   $ 69,600  
2025     93,600  
2026     64,000  
2027     -  
2028     -  
Thereafter     -  
Total operating lease     226,200  
Less imputed interest     (25,600 )
Total lease liabilities     200,600