13. Leases

Lab Facility-Alachua. The Company began leasing this office location from a real estate developer for a term of five years beginning in December 2014. In June of 2019, the Company entered into an amendment for the Alachua facility for a term of five years beginning in December of 2019. Under the amended lease agreement, the rental payments range from $12,870 per month to $13,338 per month. Total rental expense for the Alachua facility during the three-months ended March 31, 2023 was approximately $41,426. The lease may be terminated prior to its stated expiration date upon the payment of nine-months rent.

Corporate Office-Tampa. In November of 2016, the Company entered into an amendment for the leased office space for corporate personnel located in Tampa, FL. The amended lease is for approximately 2,207 square feet. The lease period for the office space was thirty-six months commencing on March 1, 2017. In November of 2019, the Company entered into an amendment for the Tampa facility for a term of three years beginning in March of 2020. In August of 2022, the Company entered into an amendment for the leased office space for twelve months commencing on March 1, 2023. Lease payments are $4,944 per month inclusive of insurance, taxes and utilities. The lease expires on February 29, 2024. Total rent expense under this lease was approximately $16,700 for the three-months ended March 31, 2023.

 Schedule of Other Information Related to Leases

Maturities of operating lease liabilities are as follows:

 Schedule of Maturities of Operating Lease Liabilities

The cost component of operating leases is as follows:

 Schedule of Cost Component of Operating Leases

Supplemental cash flow information related to operating leases is as follows:

 Schedule of Supplemental Cash Flow Information Related to Operating Leases