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NOTE 5 - OPERATING LEASE: Schedule of Maturities of Operating Lease Liabilities (Tables)
6 Months Ended
Jun. 30, 2022
Tables/Schedules  
Schedule of Maturities of Operating Lease Liabilities

Future minimum payments for monthly base rent due under the initial lease term are currently estimated to be as follows:

 

Years ending December 31,

 

2022 (remaining)

$

                     66,978

2023

 

                   141,036

2024

 

                   148,074

2025

 

                   176,268

2026

 

                     88,134

Total lease payments

$

                   620,490

Less: Imputed interest

 

                   (61,798)

Total lease liability

 

                   558,692

Less: current lease liability

 

                 (112,375)

Long-term lease liability

$

                   446,317

 

 

 

Weighted average discount rate:

 

 

Operating leases

 

4.94%