Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.22.2.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:

 

    September 30, 2022     December 31, 2021  
Weighted Average Remaining Lease Term In Years                
Operating leases     1.97       2.45  
                 
Weighted Average Discount Rate                
Operating leases     5.77 %     5.70 %
Schedule of Maturities of Operating Lease Liabilities

Maturities of operating lease liabilities are as follows:

 

Year ended December 31:      
2022   $ 54,415  
2023     219,093  
2024     156,605  
Total   $ 430,113  
Less: Imputed interest     (23,547 )
Present value of lease liabilities   $ 406,566  
Schedule of Cost Component of Operating Lease

The cost component of operating leases is as follows:

 

   

For the Nine

Months Ended

September 30, 2022

   

For the Nine

Months Ended

September 30, 2021

 
Operating lease cost   $ 171,388     $ 171,040  
Short-term lease cost     2,138       1,159  
Total lease cost   $ 173,526     $ 172,199  
Schedule of Supplemental Cash Flow Information Related to Operating Leases

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

   

For the Nine

Months Ended

September 30, 2022

   

For the Nine

Months Ended

September 30, 2021

 
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 176,165     $ 170,354