Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.22.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Supplemental Information Related to Leases
Supplemental information related to operating leases for the years ended December 31, 2021 and 2020 was as follows:
December 31, 2021 December 31, 2020
Cash paid for amounts included in the measurement of operating lease liabilities $ 715,639  $ 650,194 
Right-of-use assets obtained in exchange for operating lease liabilities $ 825,848  $ 93,087 
Weighted-average remaining lease term - operating leases 4.0 Years 3.3 Years
Weighted-average discount rate - operating leases 6.0  % 6.0  %
Supplemental Balance Sheet Information
Supplemental balance sheet information related to operating leases for the years ended December 31, 2021 and 2020 was as follows:
December 31, 2021 December 31, 2020
Operating leases
Right-of-use assets $ 1,869,210  $ 1,632,574 
Operating lease liability, current $ 641,002  $ 506,514 
Operating lease liability, long-term 1,315,275  1,222,492 
Total operating lease liability $ 1,956,277  $ 1,729,006 
Future Minimum Lease Commitments
Future minimum lease commitments under non-cancellable operating leases as of December 31, 2021 were as follows:

Operating Leases
2022 $ 733,693 
2023 744,981 
2024 298,980 
2025 108,762 
2026 102,978 
Thereafter 228,150 
Total lease payments 2,217,544 
Less: imputed interest 261,267 
Total $ 1,956,277