COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 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	$	66,677
2023		267,886
2024		277,074
2025		292,826
2026		292,826
Subsequent years		805,272
Total minimum lease payments		2,002,561
Less: imputed interest		(481,693	)
Total lease liability		1,520,868
Current portion of lease liability		(244,358	)
Non-current portion of lease liability	$	1,276,510

SUMMARY OF FUTURE PRINCIPAL PAYMENTS OUTSTANDING

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

2022	$	1,683,000
2023		6,732,000
2024		4,338,000
	$	12,753,000