LEASES

6 Months Ended

Jun. 30, 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 3.25 years at June 30, 2022. The weighted-average discount rate was 3.96% at June 30, 2022.

The Company’s operating leases expires in 2025. The following shows the undiscounted cash flows for the remaining periods under operating lease at June 30, 2022:

Periods ending December 31,		Operating Lease Commitments
	2022	$	5,384
	2023		10,765
	2024		10,765
	2025		8,074
	Total operating lease commitments		34,988
	Less: imputed interest		(6,070	)
	Total right-of-use liability	$	28,918

The Company’s discounted current right-of-use lease liability and discounted non-current right-of-use lease liability at June 30, 2022 is $8,506 and $20,412, respectively.