LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases

SUMMARY OF RIGHT-OF-USE ASSET AND LEASE LIABILITY

The table below summarizes the right-of-use asset and lease liability for the years ended December 31, 2022 and 2021:

Right of Use Assets
Balance at December 31, 2020	$	483,113
Depreciation		(265,846	)
Balance at December 31, 2021	$	217,267
Depreciation		(50,045	)
Balance at December 31, 2022	$	167,222
Lease Liability
Balance at December 31, 2020	$	483,113
Lease interest expense		22,057
Payments		(287,903	)
Balance at December 31, 2021	$	217,267
Lease interest expense		8,566
Payments		(58,611	)
Balance at December 31, 2022	$	167,222
Short-term portion	$	58,080
Long-term portion		109,142
Total	$	167,222

SCHEDULE OF UNDISCOUNTED RENT PAYMENTS

Undiscounted rent payments are as follows:

2023		58,080
2024		59,520
2025		61,020
Total	$	178,620
Impact of discounting		(11,398	)
Lease liability, December 31, 2022	$	167,222