COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

SCHEDULE OF SUPPLEMENTAL INFORMATION RELATED TO LEASES

Supplemental balance sheet information related to leases as of June 30, 2022 is as follows:

Assets:
Operating lease - right-of-use assets	$	1,072,576
Finance leases as a component of Property and equipment, net of accumulated depreciation of $3,817		22,558
Liabilities
Current
Current portion of operating leases	$	897,956
Current portion of finance leases		7,794
Noncurrent
Operating lease liabilities, net of current portion	$	226,369
Finance leases, net of current portion		8,599

SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Supplemental statement of operations information related to leases for the three months ended June 30, 2022 is as follows:

	Three Months Ended
	June 30, 2022
Operating lease expense as a component of general and administrative expenses	$	229,249
Finance lease cost
Depreciation of leased assets as a component of depreciation	$	6,817
Interest on lease liabilities as a component of interest expense	$	439

SCHEDULE OF SUPPLEMENTAL CASH FLOW INFORMATION

Supplemental cash flow information related to leases for the nine months ended  June 30, 2022 is as follows:        

Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating leases	$	235,765
Financing cash flow paid for finance leases	$	1,832
Lease term and Discount Rate
Weighted average remaining lease term (months)
Operating leases		15.2
Finance leases		25.0
Weighted average discount rate
Operating leases		6.25	%
Finance leases		9.86	%

SCHEDULE OF FUTURE MINIMUM RENTAL PAYMENTS FOR OPERATING AND FINANCE LEASES

Scheduled maturities of operating and finance lease liabilities outstanding as of June 30, 2022 are as follows:

Year	Operating Leases		Finance Leases
2022 - for the remaining 9 months	$	708,120	$	6,799
2023		467,552		9,065
2024		-		2,206
Total Minimum Future Payments		1,175,672		18,070
Less: Imputed Interest		51,347		1,677
Present Value of Lease Liabilities	$	1,124,325	$	16,393