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v3.23.1

Leases (Tables) | 3 Months Ended
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Mar. 31, 2023
Leases |
Schedule of Lease Cost | The lease cost, cash flows and other information related to the New Facility Lease were as follows: Schedule of Lease Cost
|  | As of March 31, 2023 |
Operating lease right-of-use asset |  | $ | 436,549 |
Operating lease liability, current |  | $ | 120,245 |
Operating lease liability, long-term |  | $ | 348,179 |
Remaining lease term |  |  | 3.8 years |
Discount rate |  |  | 3.63 | %
|  | For the Three Months Ended March 31, 2023 |
Operating cash outflow from operating lease |  | $ | 31,069 |
Schedule of Future Annual Minimum Lease Payments | Future annual minimum lease payments on the New Facility Lease as of March 31, 2023 are as follows: Schedule of Future Annual Minimum Lease Payments
Years ended December 31, |  |  |
2023 (excluding the three months ended March 31, 2023) |  | $ | 124,897 |
2024 |  |  | 128,643 |
2025 |  |  | 132,503 |
2026 |  |  | 136,473 |
Thereafter |  |  | 11,654 |
Total minimum lease payments |  |  | 534,170 |
Less imputed interest |  |  | (65,746 | )
Present value of minimum lease payments |  | $ | 468,424 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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