Lease Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Lease Liabilities

Schedule Right-of-use Asset

The Company’s right-of-use asset for the nine months ended September 30, 2022 and the year ended December 31, 2021 as follows:

	September 30, 2022		December 31, 2021
Right-of-use asset	$	1,318,855	$	515,819
Current lease liability	$	375,933	$	212,929
Long-term lease liability	$	985,426	$	316,988

Schedule of Components of Lease Expense

The components of lease expense are as follows:

	September 30, 2022		September 30, 2021
Amortization of right-of-use	$	240,128	$	86,817
Interest on lease liability	$	66,252	$	21,633
Total lease cost	$	306,380	$	108,450

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of September 30, 2022,

2022		122,155
2023		493,025
2024		361,297
2025		269,645
2026		277,767
2027 and after		117,158
Total future minimum lease payments		1,641,047
Less: amount representing interest		(279,688	)
Present value of future payments		1,361,359
Current portion		375,933
Long term portion	$	985,426