Leases

6 Months Ended

Jun. 30, 2023

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 Six Months Ended June 30, 2023
Operating Lease Expense – 3 months ended June 30, 2023	$	98,426
Operating Lease Expense – 6 months ended June 30, 2023	$	196,852
Additional Lease Information:
Weighted average remaining lease term-operating leases (in years)		1.75
Weighted average discount rate-operating leases		7	%
Future minimum lease payments under non-cancellable leases as of June 30, 2023, were as follows:
July 1, 2023 to December 31, 2023	$	359,322
January 1, 2024 to December 31, 2024		276,358
January 1, 2025 to September 30, 2025		197,940
Sub-total		833,620
Less: Portion representing interest		106,385
Total future minimum lease payments		727,235
Less: Current portion of lease obligations		430,356
Long-term portion of lease obligations	$	296,879