Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.22.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lease Information
The remaining lease term and discount rate related to the operating lease are presented in the following table:

December 31, 2021
Weighted-average remaining term – operating lease (in years)

1.83
Weighted-average discount rate – operating lease

12  %
Reported as:

Operating lease liability $ 82,372 
Operating lease liability, net of current portion 78,700 
Total lease liability $ 161,072 
Schedule of Future Minimum Lease Payments
Future minimum lease payments as of December 31, 2021 are presented in the following table:

Year:
2022 $ 97,291 
2023 83,093 
Total future minimum lease payments: 180,384 
Less imputed interest (19,312)
Total $ 161,072