Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Lease Assets and Liabilities

The tables below present information regarding the Company’s operating lease assets and liabilities at June 30, 2022:

	June 30, 2022
Assets
Operating lease - right-of-use asset - non-current	$	316,460
Liabilities
Operating lease liability	$	321,422
Weighted-average remaining lease term (years)		4.67
Weighted-average discount rate		8	%
The components of lease expense were as follows:
Operating lease costs
Amortization of right-of-use operating lease asset	$	28,769
Lease liability expense in connection with obligation repayment		11,193
Total operating lease costs	$	39,962
Supplemental cash flow information related to operating leases was as follows:
Operating cash outflows from operating lease (obligation payment)	$	23,807
Right-of-use asset obtained in exchange for new operating lease liability	$	345,229

Schedule of Future Minimum Lease Payments

Future minimum lease payments required under leases that have initial or remaining non- cancelable lease terms in excess of one year at June 30, 2022:

2022 (6 Months)	$	42,000
2023		84,000
2024		84,000
2025		84,000
2026		84,000
2027		7,000
Total undiscounted cash flows		385,000
Less: amount representing interest		(63,578	)
Present value of operating lease liability		321,422
Less: current portion of operating lease liability		(60,472	)
Long-term operating lease liability	$	260,950