XML 28 R19.htm IDEA: XBRL DOCUMENT v3.23.1
LEASES (Tables)
 3 Months Ended
Mar. 31, 2023
Leases  
SCHEDULE OF NET LEASE COST AND OTHER SUPPLEMENTAL LEASE INFORMATION

The following table presents net lease cost and other supplemental lease information:

 

   2023   2022 
   Three months ended March 31, 
   2023   2022 
Lease cost          
Operating lease cost (cost resulting from lease payments)  $42,007   $40,783 
Net lease cost  $42,007   $40,783 
           
Operating lease - operating cash flows (fixed payments)  $42,007   $40,783 
Operating lease - operating cash flows (liability reduction)  $33,288   $28,444 
Non-current leases - right of use assets  $212,749   $328,794 
Current liabilities - operating lease liabilities  $144,821   $123,899 
Non-current liabilities - operating lease liabilities  $123,536   $268,357 
SCHEDULE OF FUTURE MINIMUM PAYMENTS UNDER NON-CANCELABLE LEASES FOR OPERATING LEASES

Future minimum payments under non-cancelable leases for operating leases for the remaining terms of the leases as of March 31, 2023:

 

Fiscal Year  Operating Leases 
2023  $169,286 
2024   129,795 
Total future minimum lease payments   299,081 
Amount representing interest   (30,724)
Present value of net future minimum lease payments  $268,357