Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.24.1
Leases (Tables)
12 Months Ended
Dec. 31, 2023
Leases [Abstract]  
Information Related to ROU Assets and Related Lease Liabilities

Year Ended December 31

2023

2022

Cash paid for operating leases

$

662,561

$

196,258

Right-of-use assets obtained in exchange for new operating lease obligations (1)

$

753,972

$

4,289,358

As of December 31

2023

2022

Weighted-average remaining lease term

9.6 years

11.5 years

Weighted-average discount rate

7.0%

6.4%

(1)Includes $1,687,334 for operating leases entered into in 2022 and $2,602,024 for operating leases acquired as part of the SUNation Acquisition.

Maturities of Lease Liabilities

2024

$

686,964

2025

702,653

2026

676,882

2027

670,421

2028

525,127

Thereafter

3,050,540

Total lease payments

6,312,587

Less imputed interest

(1,725,340)

Total operating lease liabilities

$

4,587,247