v3.23.2
Commitments and Contingencies (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]    
Schedule of Right of Use Assets and Liabilities

A summary of the Company’s right-of-use assets and liabilities is as follows:

Financial Designation, Predecessor and Successor [Fixed List]  Successor   Predecessor 
   For the Three   For the Three 
   Months Ended   Months Ended 
   March 31,   March 31, 
   2023   2022 
         
Cash paid for amounts included in the measurement of lease liabilities:          
Operating cash flows used in operating activities  $24,248   $22,028 
           
Right-of-use assets obtained in exchange for lease obligations          
Operating leases  $-   $- 
           
Weighted Average Remaining Lease Term          
Operating leases   0.84 Years    1.84 Years 
           
Weighted Average Discount Rate          
Operating leases   6.5%   6.5%

A summary of the Company’s right-of-use assets and liabilities is as follows:

 

Financial Designation, Predecessor and Successor [Fixed List]  Successor   Predecessor 
   December 31, 2022   December 12, 2022 
         
Cash paid for amounts included in the measurement of lease liabilities:          
Operating cash flows used in operating activities  $4,786   $86,100 
           
Right-of-use assets obtained in exchange for lease obligations          
Operating leases  $-   $- 
           
Weighted Average Remaining Lease Term          
Operating leases   1.08 Years    1.08 Years 
           
Weighted Average Discount Rate          
Operating leases   6.5%   6.5%
Schedule of Future Minimum Payments Under Lease

Future minimum payments under these operating lease agreements are as follows:

 

   Amount 
     
April 1, 2023 to December 31, 2023  $87,054 
Less: amount representing imputed interest   (2,547)
Total  $84,507 

Future minimum payments under these operating lease agreements are as follows:

 

   Amount 
     
Future minimum payments  $112,916 
Less: amount representing imputed interest   (4,160)
Total  $108,756