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