Right-of-Use Assets and Lease Liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Right-of-use Assets And Lease Liabilities

Schedule of Operating Lease Cost

Our operating lease cost is as follows:

	For the Year Ended December 31, 2021
Operating lease cost	$	345,857

Schedule of Supplemental Cash Flow Information Related to Operating Lease

Supplemental cash flow information related to our operating lease is as follows:

	For the Year Ended December 31, 2021
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	354,561

Schedule of Operating Remaining Lease Term and Discount Rate

Remaining lease term and discount rate for our operating lease is as follows:

	December 31, 2021
Remaining lease term		5.7 years
Discount rate		3.95	%

Schedule of Maturity of Lease Liabilities

Maturity of our lease liabilities by fiscal year for our operating lease is as follows:

Year ended December 31, 2022	$	365,190
Year ended December 31, 2023		376,146
Year ended December 31, 2024		387,435
Year ended December 31, 2025		399,054
Year ended December 31, 2026		411,024
Year ended December 31, 2027		315,153
Total	$	2,254,002
Less: Imputed interest		(248,027	)
Present value of our lease liability	$	2,005,975