Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.1
Operating Lease Right-Of-Use (“Rou”) Assets and Operating Lease Liabilities (Tables)
 3 Months Ended
Mar. 31, 2022
Operating Lease Right-of-Use (“Rou”) Assets and Operating Lease Liabilities [Abstract]
Schedule of right-of-use asset
March 31,
2022		 December 31,
2021
Office leases and office equipment right of use assets $ 295,319 $ 269,590
Less: accumulated amortization (30,532 ) (18,418 )
Balance of ROU assets $ 264,787 $ 251,172

Schedule of operating lease liabilities related to the ROU assets

March 31,

2022

 December 31,
2021
Lease liabilities related to office leases right of use assets $ 264,138 $ 251,246
Less: current portion of lease liabilities (53,611 ) (44,927 )
Lease liabilities – long-term $ 210,527 $ 206,319

Schedule of future minimum base lease payments due under non-cancelable operating leases
Twelve months ended March 31, Amount
2023 $ 80,244
2024 81,032
2025 79,456
2026 69,389
2027 22,400
Total minimum non-cancelable operating lease payments 332,521
Less: discount to fair value (68,383 )
Total lease liability on March 31, 2022 $ 264,138