Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.22.2
Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Supplemental Information Related to Leases Supplemental information related to leases for the six months ended June 30, 2022 was as follows:
Six Months Ended June 30,
2022 2021
Cash paid for amounts included in the measurement of operating lease liabilities $ 365,509  $ 352,579 
Right-of-use assets obtained in exchange for operating lease liabilities $ —  $ 825,848 
Weighted-average remaining lease term - operating leases 3.70 years 4.30 years
Weighted-average discount rate - operating leases 6  % 6  %
Future Minimum Lease Commitments Future minimum lease commitments under non-cancellable operating leases as of June 30, 2022 were as follows:
 Operating Leases
Year 1 $ 368,272 
Year 2 743,118 
Year 3 250,659 
Year 4 105,426 
Year 5 98,783 
Thereafter 223,851 
Total lease payments 1,790,109 
Less: imputed interest 150,048 
Total $ 1,640,061 
Assets and Liabilities, Lessee
Supplemental information related to operating leases as of June 30, 2022 and December 31, 2021 was as follows:
June 30, 2022 December 31, 2021
Operating leases
Right-of-use assets $ 1,561,757  $ 1,869,210 
Operating lease liability, current $ 665,310  $ 641,002 
Operating lease liability, long-term 974,751  1,315,275 
Total operating lease liability $ 1,640,061  $ 1,956,277