Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.23.3
Operating Leases (Tables)
9 Months Ended
Sep. 30, 2023
Operating Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

Remaining lease term (years) for our facility lease     2.0  
Remaining lease term (years) for our equipment lease     0.5  
Weighted average remaining lease term (years) for our facility and equipment leases     2.0  
Weighted average discount rate for our facility and equipment leases     8.0 %
Schedule of Annual Lease Liabilities for all Operating Leases

Annual lease liabilities for all operating leases were as follows at September 30, 2023:

 

         
2023   $ 24,109  
2024     92,356  
2025     70,040  
Total lease payments     186,505  
Less: Interest     (14,984 )
Present value of lease liabilities     171,521  
Less: current maturities     (82,744 )
Non-current lease liability   $ 88,777