Leases (Tables)

3 Months Ended

Mar. 31, 2022

Leases

The tables below present the operating lease assets and liabilities recognized on the condensed consolidated balance sheets as of March 31,2022 and December 31, 2021:

The tables below present the operating lease assets and liabilities recognized on the condensed consolidated balance sheets as of March 31,2022 and December 31, 2021:

Right-of Use Assets	March 31, 2022		December 31, 2021
Operating Leases	$	568,537	$	650,460

Lease Liabilities, Current	March 31, 2022		December 31, 2021
Operating Leases	$	356,122	$	349,871
Lease Liabilities, Non-Current
Operating Leases		250,361		342,562
Total Lease Liabilities	$	606,483	$	692,433

The Company’s weighted average remaining lease term and weighted average discount rate for operating and financing leases as of March 31, 2022, and December 31, 2021, are:

The Company’s weighted average remaining lease term and weighted average discount rate for operating and financing leases as of March 31, 2022, and December 31, 2021, are:

March 31, 2022	Operating
Weighted Average Remaining Lease Term		1.67 Years
Weighted Average Discount Rate		3.95	%

December 31, 2021	Operating
Weighted Average Remaining Lease Term		1.92 Years
Weighted Average Discount Rate		3.95	%

The table below reconciles the undiscounted future minimum lease payments

The table below reconciles the undiscounted future minimum lease payments (displayed by year and in the aggregate) under non-cancelable leases with terms of more than one year to the total lease liabilities recognized on the condensed consolidated balance sheets as of March 31, 2022:

Year Ending December 31,	Operating
Remainder of 2022	$	278,444
2023		349,365
Undiscounted Future Minimum Lease Payments	$	627,809
Less: Difference between undiscounted lease payments and discounted lease liabilities		21,326
Total Lease Liabilities	$	606,483
Short-Term Lease Liabilities	$	356,122
Long-Term Lease Liabilities	$	250,361