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LEASES (Tables)
 6 Months Ended
Jun. 30, 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 
   Six Months Ended June 30, 
   2023   2022 
Lease cost          
Operating lease cost (cost resulting from lease payments)  $84,014   $81,566 
Net lease cost  $84,014   $81,566 
           
Operating lease – operating cash flows (fixed payments)  $84,014   $81,566 
Operating lease – operating cash flows (liability reduction)  $67,585   $57,751 
Non-current leases – right of use assets  $183,738   $299,783 
Current liabilities – operating lease liabilities  $150,480   $128,899 
Non-current liabilities – operating lease liabilities  $83,580   $234,060 
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 June 30, 2023:

 

Fiscal Year  Operating Leases 
Remainder of 2023  $84,014 
2024   173,060 
Total future minimum lease payments   257,074 
Amount representing interest   (23,014)
Present value of net future minimum lease payments  $234,060