XML 38 R26.htm IDEA: XBRL DOCUMENT v3.22.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2021
Leases  
Schedule of operating right-of use asset
     
   Operating right-of
   use asset
Sub-lease     
Office lease initial measurement January 1, 2019   $872,897 
Less amortization of operating lease   (523,738)
Straight-line lease expense in excess of cash payments   (32,770)
Operating lease ROU asset December 31, 2019  $316,389 
Less amortization of operating lease   (349,159)
Straight-line lease expense in excess of cash payments   32,770 
Operating lease ROU asset August 31, 2020 - end of sublease  $– 

 

New lease   
Office lease initial measurement September 1, 2020  $2,605,032 
Less amortization of operating lease   (173,669)
Straight-line lease expense in excess of cash payments   (12,860)
Operating lease ROU asset as of December 31, 2020   2,418,503 
Less amortization of operating lease   (388,591)
Operating lease ROU asset as of December 31, 2021  $2,029,912 
Schedule of lease liability
          
   December 31, 
   2021   2020 
Operating lease liabilities, current  $467,891   $521,006 
Operating lease liabilities, noncurrent   1,607,221    1,910,357 
Total lease liability  $2,075,112   $2,431,363 
Schedule of operating leases reconciled lease liability
     
  

December 31,

2021

 
2022  $649,147 
2023   668,622 
2024   688,680 
2025   468,212 
Total undiscounted future minimum payments   2,474,661 
Less imputed interest   (399,549)
Total lease liability  $2,075,112