LEASES

3 Months Ended

Mar. 31, 2022

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 3.50 years at March 31, 2022. The weighted-average discount rate was 3.96% at March 31, 2022.

The Company’s operating leases expires in 2025. The following shows the undiscounted cash flows for the remaining periods under operating lease at March 31, 2022:

Periods ending December 31,		Operating Lease Commitments
	2022	$	11,096
	2023		11,096
	2024		11,096
	2025		8,322
	Total operating lease commitments		41,610
	Less: imputed interest		(9,665	)
	Total right-of-use liability	$	31,945

The Company’s discounted current right-of-use lease liability and discounted non-current right-of-use lease liability at March 31, 2022 is $8,681 and $23,264, respectively.