Lessee Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of lease costs recognized in consolidated statements of operations

Lease costs recognized in our consolidated statements of operations is summarized as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Operating lease cost included in cost of goods	$	7,964	$	29,837	$	13,054	$	62,701
Operating lease cost included in operating costs		7,200		13,496		14,700		24,592
Total operating lease cost (1)		15,164		43,333		27,754		87,293
Finance lease cost, included in cost of goods:
Amortization of lease assets		47,416		38,952		98,469		51,586
Interest on lease liabilities		6,929		6,363		14,487		11,830
Total finance lease cost		54,345		45,315		112,956		63,416
Short-term lease cost		-		-		-		2,300
Total lease cost	$	69,509	$	88,648	$	140,710	$	153,009

(1) Right of use asset amortization under operating agreements was $12,488 and $26,558 for the three months ended June 30, 2022 and 2021, respectively. Right of use asset amortization under operating agreements was $25,634 and $67,539 for the six months ended June 30, 2022 and 2021, respectively.

Schedule of other information about lease amounts recognized in Condensed Consolidated Financial Statements

Other information about lease amounts recognized in our condensed consolidated financial statements is summarized as follows:

	June 30, 2022			December 31, 2021
Weighted-average remaining lease term – operating leases		0.63 years			0.95 years
Weighted-average remaining lease term – finance leases		3.68 years			3.83 years
Weighted-average discount rate – operating leases		4.23	%		5.7	%
Weighted-average discount rate – finance leases		4.94	%		3.8	%

Schedule of finance lease liabilities

Finance lease liabilities were as follows:

	June 30, 2022			December 31, 2021
Gross finance lease liabilities	$	650,569		$	634,192
Less: imputed interest		(53,694	)		(51,212	)
Present value of finance lease liabilities		596,875			582,980
Less: current portion		(180,700	)		(167,515	)
Long-term finance lease liabilities	$	416,175		$	415,465

Schedule of operating lease liabilities

Operating lease liabilities were as follows:

	June 30, 2022			December 31, 2021
Gross operating lease liabilities	$	21,072		$	55,865
Less: imputed interest		(400	)		(8,832	)
Present value of operating lease liabilities		20,672			47,033
Less: current portion		(20,672	)		(42,058	)
Long-term operating lease liabilities	$	-		$	4,975

Schedule of lease maturities

Lease maturities were as follows:

Maturity of lease liabilities

12 months ending June 30,	Finance leases			Operating leases
2022	$	180,700		$	20,672
2023		158,960			-
2024		145,598			-
2025		90,087			-
2026		21,530			-
Total		596,875			20,672
Less: Current maturities		(180,700	)		(20,672	)
Long-term liability	$	416,175		$	-