Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.23.1
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2022
Operating Leases  
Operating lease right of use asset and liabilities

 

 

December 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Right of use asset - operating lease

 

$ 51,563

 

 

$ 390,098

 

Current portion of operating lease liability

 

 

43,262

 

 

 

340,207

 

Operating lease liability

 

 

11,289

 

 

 

54,551

 

Schedule of future minimum lease payments

For the twelve months ended December 31,

 

 

 

2023

 

$ 45,000

 

2024

 

 

11,250

 

Total

 

 

56,250

 

Less discount

 

 

(1,699 )

Total lease liabilities

 

 

54,551

 

Less current portion

 

 

(43,262 )

Operating lease obligation, net of current portion

 

$ 11,289

 

Schedule of lease cost

 

 

For the Year

Ended

December 31,

2022

 

 

For the Year

Ended

December 31,

2021

 

Operating lease costs

 

$ 338,535

 

 

$ 405,771