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Leases | 9 Months Ended
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Sep. 30, 2021
Leases Disclosure [Abstract] |
LEASES | 10. LEASES The Company’s noncancelable operating leases consist of leases for office spaces. The Company is the lessee under the terms of the operating leases. For the nine months ended September 30, 2021, the operating lease cost was $0.16 million. The Company’s operating leases have remaining lease terms that range from approximately one year. As of September 30, 2021, the weighted average remaining lease term and weighted average discount rate were 0.83 years and 6%, respectively. Maturities of lease liabilities were as follows:
|  | Operating |
As of September 30, |  | Lease |
From October 1, 2021 to July 31, 2022 |  | $ | 162,122 |
Total |  | $ | 162,122 |
Less: amounts representing interest |  | $ | 4,371 |
Present Value of future minimum lease payments |  |  | 157,751 |
Less: Current obligations |  |  | 157,751 |
Long term obligations |  | $ | - |

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