Annual report pursuant to Section 13 and 15(d)

Leases ??? Related Party (Tables)

v3.22.1
Leases – Related Party (Tables)
 12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Schedule of leases supplemental balance sheet information
               
    December 31,   December 31,
    2021   2020
Operating lease ROU asset   $ 1,550,530     $ 1,279,595  

 

                 
    December 31,   December 31,
    2021   2020
Operating lease liabilities:                
Current portion   $ 368,602     $ 295,374  
Non-current portion     1,244,164       1,015,759  
 Total lease liabilities    $ 1,612,766     $ 1,311,133  
Schedule of maturities of lease liabilities
         
Years Ending December 31,    
2022     $ 373,800  
2023       396,900  
2024       416,745  
2025       437,582  
Total lease payment       1,625,027  
Less imputed interest       (12,261 )
Total     $ 1,612,766  
Schedule of operating lease cost
       
    December 31, 2021
Weighted average discount rate     0.36 %
Weighted average remaining lease term (years)     4.25  

 

    Twelve Months Ended
    December 31,
    2021   2020
Operating lease cost   $ 390,699     $ 303,910  
Total lease cost   $ 390,699     $ 303,910