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Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2022
Commitments And Contingencies Disclosure [Abstract]  
Summary of Supplemental Balance Sheet Information Related to Operating Leases

The following table presents supplemental balance sheet information related to operating leases as of June 30, 2022 and December 31, 2021:

 

 

Balance Sheet Line Item

June 30, 2022

 

December 31,

2021

 

Assets

 

 

 

 

 

 

 

 

ROU assets

 

Right of use asset, net

$

313,629

 

$

59,969

 

Total lease assets

 

 

$

313,629

 

$

59,969

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current lease liabilities

 

Lease liability

$

90,030

 

$

68,002

 

Long-term lease liabilities

 

Lease liability

 

226,319

 

 

-

 

Total lease liabilities

 

 

$

316,349

 

$

68,002

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (in years)

 

 

 

3.13

 

 

0.60

 

Weighted-average discount rate

 

 

 

7.49

%

 

6.55

%

Summary of Supplemental Cash Flow Information and Non-cash Activity Related to Operating Leases

The following table presents supplemental cash flow information and non-cash activity related to operating leases for the Six Months ended June 30, 2022 and 2021:

 

 

 

 

Six Months Ended June 30, 2022

 

Six Months Ended June 30, 2021

 

 

 

Operating cash flow information

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

$

(52,440

)

$

(50,353

)

 

 

Non-cashflow information

 

 

 

 

 

 

 

 

 

 

ROU assets and operating lease obligation recognized

 

 

$

300,787

 

$

-

 

 

 

Schedule of Future Minimum Lease Payment Due

The following table presents maturities of operating lease liabilities on an undiscounted basis as of June 30, 2022:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Leases

 

 

 

 

 

2022 (excluding the six months ended June 30, 2022)

 

 

$

57,263

 

 

 

 

 

2023

 

 

 

108,039

 

 

 

 

 

2024

 

 

 

113,794

 

 

 

 

 

2025

 

 

 

77,733

 

 

 

 

 

(less: imputed interest)

 

 

 

(40,480

)

 

 

 

 

 

 

 

$

316,349