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Lease Liabilities (Tables)
3 Months Ended
Mar. 31, 2022
Lease Liabilities  
Schedule Right-of-use Asset

The Company’s right-of-use asset for the three months ended March 31, 2022 and year ended December 31, 2021 as follows:

 

 

   March 31, 2022   December 31, 2021 
Right-of-use asset  $457,619   $515,819 
           
Current lease liability  $211,577   $212,929 
Long-term lease liability  $264,248   $316,988 
Schedule of Components of Lease Expense

The components of lease expense are as follows:

 

   March 31, 2022   March 31, 2021 
Amortization of right-of-use  $58,199   $5,749 
Interest on lease liability  $12,302   $915 
Total lease cost  $70,501   $6,664 
Schedule of Future Minimum Lease Payments

Future minimum lease payments as of March 31, 2022,

 

      
2022   188,075 
2023   238,918 
2024   99,549 
Total future minimum lease payments   526,542 
Less: amount representing interest   (50,717)
Present value of future payments   475,825 
Current portion   211,577 
Long term portion  $264,248