Other Agreements (Tables)

12 Months Ended

Dec. 31, 2021

Other Agreements [Abstract]

Schedule of Remaining Minimum Principal Payments Due

Minimum payments to be made in 2022 include $72,624 of revenue-based payments payable as of December 31, 2021 and an estimate of additional revenue-based payments to be made throughout the remainder of 2022 relating to revenue generated in the first, second and third quarters of 2022 using actual revenue generated in the same quarters in 2021. Minimum payments for the remaining years include only the minimum payments for each year. Actual payments could be significantly more than provided in the table, to the extent that 6% of the Company’s annual revenue in those years exceeds $0.4 million:

2022	$	548,301
2023		400,000
2024		400,000
2025		400,000
2026		400,000
2027 and beyond		2,233,792
Total NuvoGen obligation payments		4,382,093
Plus interest accretion		67,088
Total NuvoGen obligation, net	$	4,449,181