v3.22.2.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2022
Leases  
Schedule of Lease Expense

For the three and nine months ended September 30, 2022, components of lease expense are summarized as follows:

 

   Three Months Ended September 30, 2022   Nine Months Ended September 30, 2022 
Operating lease costs  $82,797   $253,748 
Short-term lease costs   113,294    277,454 
Total lease costs  $196,091   $531,202 
Schedule of Maturities on Company Lease Liabilities

As of September 30, 2022, the maturities of the Company’s lease liabilities are as follows:

 

   Year Ending December 31, 
2022 (remainder)  $73,783 
2023   303,059 
2024   50,773 
2025   - 
2026   - 
Thereafter   - 
Total lease payments   427,615 
Less: imputed interest   8,799 
Present value of operating lease liabilities   418,816 
Less: current portion   292,536 
Long-term portion  $126,280 
Schedule of Other Information Related to Operating Lease

Other information related to operating leases was as follows:

 

   Three Months Ended September 30, 2022   Nine Months Ended September 30, 2022 
Cash paid for operating leases included in operating cash flows  $192,659   $514,009 
Remaining lease term of operating leases   1 year     1 year  
Discount rate of operating leases   3.1%   3.1%
Schedule of Future Minimum Lease Payments

As previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2021, future lease payments under ASC 840 for operating leases were as follows:

 

      
Year Ending December 31, 
2022  $293,595 
2023   303,059 
2024   50,774 
Total lease payments  $647,428