LEASES

12 Months Ended

Dec. 31, 2021

Leases [Abstract]

LEASES

NOTE 4 – LEASES

The Company entered into an operating lease agreement on October 14, 2021 for an automobile, resulting in the recording of an initial liability and corresponding right-of-use asset of $35,906. The weighted-average remaining non-cancelable lease term for the Company’s operating lease was 3.75 years at December 31, 2021. The weighted-average discount rate was 3.96% at December 31, 2021.

The Company’s operating leases expires in 2025. The following shows the undiscounted cash flows for the remaining years under operating lease at December 31, 2021:

Year ending December 31,		Operating Lease Commitments
	2022	$	10,950
	2023		10,950
	2024		10,950
	2025		8,212
	Total operating lease commitments		41,062
	Less: imputed interest		(7,450	)
	Total right-of-use liability	$	33,612

The Company’s discounted current right-of-use lease liability and discounted non-current right-of-use lease liability at December 31, 2021 is $8,482 and $25,130, respectively.