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v3.22.2.2

Leases | 9 Months Ended
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Sep. 30, 2022
Leases [Abstract] |
LEASES | 11. LEASES The Company’s non-cancellable operating leases consist of leases for office space. The Company is the lessee under the terms of the operating leases. For the nine months ended September 30, 2022, the operating lease cost was $0.36 million. The Company’s operating lease has remaining lease term of approximately one month. As of September 30, 2022, the weighted average remaining lease term and weighted average discount rate were 1.92 years and 4.75%, respectively. Maturities of lease liabilities were as follows:
|  | Operating |
As of September 30, |  | Lease |
From October 1, 2022 to September 30, 2023 |  | $ | 170,305 |
From October 1, 2023 to September 30, 2024 |  |  | 156,114 |
Total |  | $ | 326,419 |
Less: amounts representing interest |  | $ | 15,630 |
Present Value of future minimum lease payments |  |  | 310,789 |
Less: Current obligations |  |  | 151,692 |
Long term obligations |  | $ | 159,097 |

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- Definition The entire disclosure of leases. + References No definition available. + Details
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