Annual report pursuant to Section 13 and 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)
 12 Months Ended
Dec. 31, 2021
Operating Lease Right-of-Use (“Rou”) Assets and Operating Lease Liabilities [Abstract]  
Schedule of right-of-use asset
   

December  31,
2021

     December  31,
2020		  
Office leases and office equipment right of use assets   $ 269,590     $ 74,296  
Less: accumulated amortization     (18,418 )     (52,524 )
Balance of ROU assets   $ 251,172     $ 21,772  

 
Schedule of operating lease liabilities related to the ROU assets
   

December 31,

2021

     December 31,
2020		  
Lease liabilities related to office leases right of use assets   $ 251,246     $ 22,216  
Less: current portion of lease liabilities     (44,927 )     (22,216 )
Lease liabilities – long-term   $ 206,319     $
-
  

 
Schedule of future minimum base lease payments due under non-cancelable operating leases
Year ended December 31,   Amount  
2022   $ 71,578  
2023     71,578  
2024     71,578  
2025     70,483  
2026     39,200  
Total minimum non-cancelable operating lease payments     324,417  
Less: discount to fair value     (73,171 )
Total lease liability on December 31, 2021   $ 251,246