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Leases | 12 Months Ended
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Dec. 31, 2021
Leases Disclosure Abstract |
LEASES | 11. 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 year ended December 31, 2021, the operating lease cost was $0.11 million. The Company’s operating leases have remaining lease terms of approximately one year or less. As of December 31, 2021, the weighted average remaining lease term and weighted average discount rate were 0.58 years and 6%, respectively. Maturities of lease liabilities were as follows:
|  | Operating |
As of December 31, 2021 |  | Lease |
From January 1, 2022 to July 31, 2022 |  | $ | 115,438 |
Total |  | $ | 115,438 |
Less: amounts representing interest |  | $ | 2,275 |
Present Value of future minimum lease payments |  |  | 113,163 |
Less: Current obligations |  |  | 113,163 |
Long term obligations |  | $ | - |

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