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Commitments and Contingencies | 12 Months Ended
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Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Note 13 – Commitments and Contingencies Lease Obligations The Company leases office space under a non-cancellable operating lease and leases cancellable with one month notice. The Company expenses the cancelable leases in the period incurred in accordance with the practical expedient elected. As such, one lease makes up the entirety of the right-of-use asset and lease liability disclosed. For the year ended December 31, 2022, components of lease expense are summarized as follows: Schedule of Lease Expense
|  | Year Ended December, 2022 |
Operating lease costs |  | $ | 346,349 |
Short-term lease costs |  |  | 384,902 |
Total lease costs |  | $ | 731,251 |
Short-term lease costs under month-to-month lease agreements are paid to related parties. As of December 31, 2022, the maturities of the Company’s lease liabilities are as follows: Schedule of Maturities on Company Lease Liabilities
|  | Year Ending December 31, |
2023 |  | $ | 303,059 |
2024 |  |  | 50,773 |
2025 |  |  | - |
2026 |  |  | - |
2027 |  |  | - |
Thereafter |  |  | - |
Total lease payments |  |  | 353,832 |
Less: imputed interest |  |  | 5,915 |
Present value of operating lease liabilities |  |  | 347,917 |
Less: current portion |  |  | 297,209 |
Long-term portion |  | $ | 50,708 |
Other information related to operating leases was as follows: Schedule of Other Information Related to Operating Lease
|  | Year Ended December 31, 2022 |
Cash paid for operating leases included in operating cash flows |  | $ | 700,821 |
Remaining lease term of operating leases |  |  | 1 year |
Discount rate of operating leases |  |  | 3.1 | %
Litigation Liabilities for loss contingencies arising from claims, assessments, litigation, fines, and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount can be reasonably estimated. Legal costs incurred in connection with loss contingencies are expensed as incurred. The Company is a defendant in two class action claims and three derivative actions claiming that the Company promulgated false and misleading press releases to increase the price of our stock to improperly benefit the officers and directors of the Company. The plaintiffs demand compensatory damages sustained as a result of the Company’s alleged wrongdoing in an amount to be proven at trial. The Company believes these lawsuits are without merit and intends to defend the cases vigorously. The Company is unable to estimate a range of loss, if any, that could result were there to be an adverse final decision in these cases. As of the date of this report, the Company does not believe it is probable that these cases will result in an unfavorable outcome; however, if an unfavorable outcome were to occur in these cases, it is possible that the impact could be material to the Company’s results of operations in the period(s) in which any such outcome becomes probable and estimable.

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