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v3.22.2.2

OPERATING LEASE (Tables) | 6 Months Ended
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Jun. 30, 2022
Operating Lease |
SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES | The following sets forth the operating lease right of use assets and liabilities as of June 30, 2022: SCHEDULE OF OPERATING LEASES RIGHT OF USE ASSETS AND LIABILITIES
Assets: |  |  |
Operating lease right of use assets |  | $ | 951,928 |
Liabilities: |  |  |  |
Operating lease obligations-current portion |  | $ | 353,646 |
Operating lease obligations-less current portion |  |  | 666,477 |
Total operating lease obligations |  | $ | 1,020,123 |
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS | Following are the minimum lease payments for each year and in total: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS
Year ending December 31: |  |  |
2022 (July 1, to December 31, 2022) |  | $ | 250,285 |
2023 |  |  | 305,627 |
2024 |  |  | 245,761 |
2025 |  |  | 196,462 |
Thereafter |  |  | 175,113 |
Total undiscounted minimum future lease payments |  |  | 1,173,248 |
Imputed interest |  |  | (153,125 | )
Total operating lease liability |  | $ | 1,020,123 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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