Quarterly report pursuant to Section 13 or 15(d)

Leases ??? Related Party (Tables)

v3.22.2
Leases – Related Party (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of leases supplemental balance sheet information
               
    June 30,   December 31,
    2022   2021
Operating lease ROU asset   $ 1,360,883     $ 1,550,530  

 

                 
    June 30,   December 31,
    2022   2021
Operating lease liabilities:                
Current portion   $ 382,922     $ 368,602  
Non-current portion     1,047,806       1,244,164  
Total   $ 1,430,728     $ 1,612,766  
Schedule of maturities of lease liabilities
       
Year Ending December 31,    
2022 (excluding the six months ended June 30, 2022)   $ 189,000  
2023     396,900  
2024     416,745  
2025     437,582  
Total lease payment     1,440,227  
Less imputed interest     (9,499 )
Total   $ 1,430,728  
Schedule of operating lease cost
       
    June 30,
    2022
Weighted average discount rate     0.36 %
Weighted average remaining lease term (years)     3.42  

 

 

                 
    Six Months Ended
    June 30,
    2022   2021
Operating lease cost   $ 195,348     $ 195,348  
Total lease cost   $ 195,348     $ 195,348