| Schedule Of Components of lease expense |
| Schedule Of Components of lease expense |
|
|
|
|
| |
|
Three Months Ended
September 30, 2022 |
| Finance leases: |
|
|
|
|
| Amortization of assets, included in depreciation and amortization expense |
|
$ |
149,423 |
|
| Interest on lease liabilities, included in interest expense |
|
|
43,740 |
|
| Operating lease: |
|
|
|
|
| Amortization of assets, included in total operating expense |
|
|
45,533 |
|
| Interest on lease liabilities, included in total operating expense |
|
|
3,835 |
|
| Total net lease cost |
|
$ |
242,531 |
|
| |
|
Nine Months Ended
September 30, 2022 |
| Finance leases: |
|
|
|
|
| Amortization of assets, included in depreciation and amortization expense |
|
$ |
319,686 |
|
| Interest on lease liabilities, included in interest expense |
|
|
131,220 |
|
| Operating lease: |
|
|
|
|
| Amortization of assets, included in total operating expense |
|
|
147,999 |
|
| Interest on lease liabilities, included in total operating expense |
|
|
13,492 |
|
| Total net lease cost |
|
$ |
612,397 |
|
| Supplemental balance sheet information related to leases was as follows: |
|
|
|
|
| |
|
|
|
|
| Operating Leases: |
|
|
|
|
| |
|
|
|
|
| Operating lease right-of-use asset |
|
$ |
276,465 |
|
| |
|
|
|
|
| Current operating lease liabilities |
|
$ |
186,645 |
|
| Noncurrent operating lease liabilities |
|
|
97,354 |
|
| Total operating lease liabilities |
|
$ |
283,999 |
|
| |
|
September 30, 2022 |
| Finance leases: |
|
|
|
|
| Property and equipment, at cost |
|
$ |
5,521,716 |
|
| Accumulated amortization |
|
|
(3,717,967 |
) |
| Property and equipment, net |
|
$ |
1,803,749 |
|
| |
|
|
|
|
| Current obligations of finance leases |
|
$ |
627,652 |
|
| Finance leases, net of current obligations |
|
|
1,100,407 |
|
| Total finance lease liabilities |
|
$ |
1,728,059 |
|
|
| Schedule Of Long-term obligations under the operating and Finance leases |
| |
Schedule Of Long-term obligations under the operating and Finance leases |
|
|
|
|
|
|
|
|
|
| For the Twelve Months Ended September 30, |
|
Operating Leases |
|
Finance Leases |
| |
2023 |
|
|
$ |
212,528 |
|
|
$ |
1,136,376 |
|
| |
2024 |
|
|
|
81,472 |
|
|
|
543,125 |
|
| |
2025 |
|
|
|
— |
|
|
|
152,710 |
|
| |
Total lease payments |
|
|
|
294,000 |
|
|
|
1,832,211 |
|
| |
Less: Amounts representing interest |
|
|
|
(10,001 |
) |
|
|
(104,152 |
) |
| |
Total lease obligations |
|
|
|
283,999 |
|
|
|
1,728,059 |
|
| |
Less: long-term obligations |
|
|
|
(97,354 |
) |
|
|
(627,652 |
) |
| |
Total current |
|
|
$ |
186,645 |
|
|
$ |
1,100,407 |
|
|