| Schedule of Lease, Cost |
Lease expense for operating leases is recognized on a straight-line basis over the lease term as cost of sales or operating expenses depending on the nature of the leased asset.
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2022 |
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2021 |
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2022 |
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2021 |
| Short-term lease expense |
$ |
248,103 |
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$ |
226,268 |
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$ |
424,008 |
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$ |
349,783 |
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| Operating lease expense |
465,544 |
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— |
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762,967 |
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— |
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| Total lease expense |
$ |
713,647 |
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$ |
226,268 |
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$ |
1,186,975 |
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$ |
349,783 |
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Lease right-of-use assets consisted of the following:
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June 30, 2022 |
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December 31, 2021 |
| Operating leases |
$ |
5,743,960 |
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$ |
1,538,852 |
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| Finance leases |
5,922,316 |
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— |
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| Total lease right-of-use assets |
$ |
11,666,276 |
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$ |
1,538,852 |
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Supplemental cash flow information related to leases where we are the lessee is as follows:
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Six Months Ended June 30, |
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2022 |
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2021 |
| Cash paid for amounts included in the measurement of lease liabilities: |
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| Leased assets obtained in exchange for finance lease liabilities |
6,022,694 |
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— |
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| Leased assets obtained in exchange for operating lease liabilities |
5,024,284 |
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— |
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| Schedule of Lease Liabilities |
Lease liabilities consisted of the following:
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June 30, 2022 |
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December 31, 2021 |
| Operating leases |
$ |
6,540,730 |
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$ |
1,554,767 |
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| Finance leases |
3,452,506 |
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— |
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| Total lease liabilities |
9,993,236 |
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1,554,767 |
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| Less: current portion |
(1,050,585) |
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(363,714) |
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| Long-term portion |
$ |
8,942,651 |
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$ |
1,191,053 |
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