Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Right-Of-Use (???Rou???) Assets and Operating Lease Liabilities (Tables)

v3.22.2.2
Operating Lease Right-Of-Use (“Rou”) Assets and Operating Lease Liabilities (Tables)
 9 Months Ended
Sep. 30, 2022
Operating Lease Right-of-Use (“Rou”) Assets and Operating Lease Liabilities [Abstract]
Schedule of rental period amount per month
Rental Period Amount per Month
June 1, 2022 – May 31, 2023 $ 5,441
June 1, 2023 – May 31, 2024 $ 5,604
June 1, 2024 – May 31, 2025 $ 5,772

Schedule of right-of-use asset
September 30,
2022		 December 31,
2021
Office leases and office equipment right of use assets $ 480,293 $ 269,590
Less: accumulated amortization (76,742 ) (18,418 )
Balance of ROU assets $ 403,551 $ 251,172

Schedule of operating lease liabilities related to the ROU assets

September 30,

2022

 December 31,
2021
Lease liabilities related to office leases right of use assets $ 404,211 $ 251,246
Less: current portion of lease liabilities (114,770 ) (44,927 )
Lease liabilities – long-term $ 289,441 $ 206,319

Schedule of future minimum base lease payments due under non-cancelable operating leases
Twelve months ended September 30, Amount
2023 $ 146,977
2024 148,955
2025 120,908
2026 56,000
Total minimum non-cancelable operating lease payments 472,840
Less: discount to fair value (68,629 )
Total lease liability on September 30, 2022 $ 404,211