Leases (Tables)

12 Months Ended

Dec. 31, 2021

Leases

Reconciliation of lease cash flows to the right-of-use lease assets and liabilities recognized in the financial statements.

	Operating			Financing
	Lease			Lease
Contractual cash payments for the remaining lease term as of December 31, 2021:
2022	$	111,083		$	—
Total	$	111,083		$	—
Discount rate applied		10	%		10	%
Remaining lease term (months) as of December 31, 2021		10			—
Right-of-use lease asset:
Right-of-use lease asset, January 1,2020	$	112,388		$	13,025
Add: new lease extension		240,727			—
Less: reduction/amortization		130,670			7,443
Right-of-use lease asset, December 31, 2020		222,445			5,582
Less: reduction/amortization		116,290			5,582
Right-of-use lease asset, December 31, 2021	$	106,155		$	—
Lease liability:
Lease liability, January 1, 2020	$	113,559		$	13,665
Add: new lease extension		240,727
Less: repayments		131,845			7,516
Lease liability, December 31, 2020		222,441			6,149
Less: repayments		116,290			6,149
Lease liability, December 31, 2021	$	106,151		$	—
Lease expenses for the year ending December 31, 2020:
Lease expense	$	139,876		$	—
Amortization expense		—			7,443
Interest expense		—			1,028
Total	$	139,876		$	8,471
Lease expenses for the year ending December 31, 2021:
Lease expense	$	133,300		$	—
Amortization expense		—			5,582
Interest expense		—			259
Total	$	133,300		$	5,841