Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
12 Months Ended
Dec. 31, 2022
Leases  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

 

Remaining lease term (years) for our office lease     2.8  
Remaining lease term (years) for our equipment lease     1.3  
Weighted average remaining lease term (years) for our facility and equipment leases     2.7  
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 as of December 31, 2022:

 

         
2023   $ 93,845  
2024     92,356  
2025     70,040  
Total lease payments     256,241  
Less: Interest     (26,791 )
Present value of lease liabilities     229,450  
Less: current maturities     (78,896 )
Non-current lease liability   $ 150,554