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)
 6 Months Ended
Jun. 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
June 30,
2022		 December 31,
2021
Office leases and office equipment right of use assets $ 480,293 $ 269,590
Less: accumulated amortization (49,168 ) (18,418 )
Balance of ROU assets $ 431,125 $ 251,172

Schedule of operating lease liabilities related to the ROU assets

June 30,

2022

 December 31,
2021
Lease liabilities related to office leases right of use assets $ 431,948 $ 251,246
Less: current portion of lease liabilities (111,928 ) (44,927 )
Lease liabilities – long-term $ 320,020 $ 206,319

Schedule of future minimum base lease payments due under non-cancelable operating leases
Twelve months ended June 30, Amount
2023 $ 147,275
2024 148,451
2025 140,589
2026 68,294
2027 5,600
Total minimum non-cancelable operating lease payments 510,209
Less: discount to fair value (78,261 )
Total lease liability on June 30, 2022 $ 431,948