Quarterly report pursuant to Section 13 or 15(d)

Commitment and Contingencies (Tables)

v3.21.2
Commitment and Contingencies (Tables)
9 Months Ended
Sep. 30, 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:

September 30, 2021
Weighted-average remaining term – operating lease (in years)

2.08
Weighted-average discount rate – operating lease

12  %
Reported as:

Operating lease liability $ 63,581 
Operating lease liability, net of current portion 100,583 
Total lease liability $ 164,164 
Schedule of Future Minimum Lease Payments
Future minimum lease payments as of September 30, 2021 are presented in the following table:

Year:
2021 (remaining three months) $ 8,067 
2022 97,291 
2023 83,093 
Total future minimum lease payments: 188,451 
Less imputed interest (24,287)
Total $ 164,164