Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases [Abstract]  
Schedule of office spaces and an operating leases
    As of and
for the
three and nine
months ended
September 30,
2022		  
       
Operating Lease Expense - 3 months ended September 30, 2022   $ 239,879  
Operating Lease Expense - 9 months ended September 30, 2022   $ 732,363  
         
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 September 30, 2022 were as follows:        
    $      
2022     187,274  
2023     753,871  
2024     276,358  
2025     177,939  
2026    
-
  
Thereafter    
-
  
Total future minimum lease payments   $ 1,395,442  
Less portion representing interest     (141,718 )
Present value of lease obligations     1,253,724  
Less current portion of lease obligations     (697,333 )
Long term portion of lease obligations   $ 556,391