Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of office spaces and an equipment lease
    As of and
for the three and six
months ended
June 30, 2022		  
       
Operating Lease Expense - 3 months ended June 30, 2022   $ 244,094  
Operating Lease Expense - 6 months ended June 30, 2022   $ 492,485  
          
Additional Lease information:        
Weighted average remaining lease term-operating leases (in years)     2.1  
Weighted average discount rate-operating leases     7 %
         
Future minimum lease payments under non-cancellable leases as of June 30, 2022 were as follows:        
         
2022   $ 437,109  
2023     753,871  
2024     276,358  
2025     177,939  
2026    
-
  
Thereafter    
-
  
Total future minimum lease payments   $ 1,645,277  
Less portion representing interest     151,674  
Present value of lease obligations   $ 1,493,603  
Less current portion of lease obligations     766,367  
Long term portion of lease obligations   $ 727,236