Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.23.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Supplemental Information Related to Leases
Supplemental information related to operating leases for the years ended December 31, 2022 and 2021 was as follows:
December 31, 2022 December 31, 2021
Cash paid for amounts included in the measurement of operating lease liabilities $ 733,284  $ 715,639 
Right-of-use assets obtained in exchange for operating lease liabilities $ —  $ 825,848 
Weighted-average remaining lease term - operating leases 3.6 Years 4.0 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, 2022 and 2021 was as follows:
December 31, 2022 December 31, 2021
Operating leases
Right-of-use assets $ 1,245,549  $ 1,869,210 
Operating lease liability, current $ 687,589  $ 641,002 
Operating lease liability, long-term 623,452  1,315,275 
Total operating lease liability $ 1,311,041  $ 1,956,277 
Future Minimum Lease Commitments
Future minimum lease commitments under non-cancellable operating leases as of December 31, 2022 were as follows:
Operating Leases
2023 $ 742,158 
2024 249,681 
2025 123,908 
2026 111,260 
2027 52,765 
Thereafter 171,086 
Total lease payments 1,450,858 
Less: imputed interest 139,817 
Total $ 1,311,041