COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2022

Commitments and Contingencies Disclosure [Abstract]

SCHEDULE OF FUTURE PAYMENTS UNDER LEASE

The Company entered an operating lease for office space. The minimum future payments under the lease for our continuing operations in each of the years ending December 31 is as follows:

Remaining 2022	$	140,382
2023		284,953
2024		294,727
2025		311,483
2026		311,483
Subsequent years		856,578
Total minimum lease payments		2,199,606
Less: imputed interest		(541,133	)
Total lease liability		1,658,473
Current portion of lease liability		(258,997	)
Non-current portion of lease liability	$	1,399,476

SUMMARY OF FUTURE PRINCIPAL PAYMENTS OUTSTANDING

The following table summarizes the future principal payments related to our outstanding debt as of June 30, 2022:

2022	$	2,244,000
2023		6,732,000
2024		5,049,000
	$	14,025,000