Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases

Schedule of lease expense

The following represents a reconciliation of contractual lease cash flows to the right-of-use lease asset and liability recognized in the financial statements:

	Operating
	Lease
Right-of-use lease asset:
Right-of-use lease asset, January 1, 2022	$	106,155
New lease extension 6/21/2022		347,546
Reduction/amortization		(60,475)
Right of use lease asset, June 30, 2022	$	393,226
Lease liability:
Lease liability, January 1, 2022	$	106,151
New lease extension 6/21/2022		347,546
Repayments		(60,244)
Lease liability, June 30, 2022	$	393,453
Lease expense for the six months ended June 30, 2022:
Lease expense	$	66,881
Total	$	66,881
Lease expense for the six months ended June 30, 2021:
Lease expense	$	66,650
Total	$	66,650
Contractual cash payments for the remaining lease term as of June 30, 2022:
2022	$	66,650
2023		133,817
2024		136,917
2025		116,250
Total	$	453,634
Remaining lease term (months) as of June 30, 2022		40

Schedule of operating lease liability maturity

	Operating
	Lease
Right-of-use lease asset:
Right-of-use lease asset, January 1, 2022	$	106,155
New lease extension 6/21/2022		347,546
Reduction/amortization		(60,475)
Right of use lease asset, June 30, 2022	$	393,226
Lease liability:
Lease liability, January 1, 2022	$	106,151
New lease extension 6/21/2022		347,546
Repayments		(60,244)
Lease liability, June 30, 2022	$	393,453
Lease expense for the six months ended June 30, 2022:
Lease expense	$	66,881
Total	$	66,881
Lease expense for the six months ended June 30, 2021:
Lease expense	$	66,650
Total	$	66,650
Contractual cash payments for the remaining lease term as of June 30, 2022:
2022	$	66,650
2023		133,817
2024		136,917
2025		116,250
Total	$	453,634
Remaining lease term (months) as of June 30, 2022		40