Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.22.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2022
Operating Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

 Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

Remaining lease term (years) for our facility lease     0.5  
Remaining lease term (years) for our equipment lease    

2

 

Weighted average remaining lease term (years) for our facility and equipment leases

   

0.8

 
Weighted average discount rate for our facility and equipment leases     8.0 %
Schedule of Maturities of Lease Liabilities for all Operating Leases

Annual lease liabilities for all operating leases were as follows as of March 31, 2022:

Schedule of Maturities of Lease Liabilities for all Operating Leases 

         
2022   $ 51,309  
2023     6,420  
2024     1,605  
Total lease payments     59,334  
Less: Interest     (4,066 )
Present value of lease liabilities     55,268  
Less: current maturities     (49,121 )
Non-current lease liability   $ 6,147