Leases

9 Months Ended

Sep. 30, 2022

Leases [Abstract]

Leases

Note 4 – Leases

Operating Leases

The Company has lease arrangements for office spaces and an equipment lease. These leases expire at various dates through 2025.

	As of and for the three and nine months ended September 30, 2022
Operating Lease Expense - 3 months ended September 30, 2022	$	239,879
Operating Lease Expense - 9 months ended September 30, 2022	$	732,363
Additional Lease information:
Weighted average remaining lease term-operating leases (in years)		2.1
Weighted average discount rate-operating leases		7	%
Future minimum lease payments under non-cancellable leases as of September 30, 2022 were as follows:
	$
2022		187,274
2023		753,871
2024		276,358
2025		177,939
2026		-
Thereafter		-
Total future minimum lease payments	$	1,395,442
Less portion representing interest		(141,718	)
Present value of lease obligations		1,253,724
Less current portion of lease obligations		(697,333	)
Long term portion of lease obligations	$	556,391