Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.22.1
COMMITMENTS AND CONTINGENCIES (Tables)
 3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Components of lease expense
           
Operating lease expense:   2022     2021  
Operating lease cost - fixed   $ 49,024     $ 57,387  
Variable lease cost     31,912       30,137  
Total operating lease cost   $ 80,936     $ 87,524  
Other information related to leases
           
    2022     2021  
Operating lease liability - current   $ 145,409     $ 242,299  
Operating lease liability - long-term   $ 470,591     $ 592,341  
Operating cash outflows from operating leases   $ 38,843     $ 57,658  
                 
Weighted-average remaining lease term of operating leases     3.9 years       4.8 years  
Weighted-average discount rate of operating leases     8.5%       8.5%  
Future annual minimum operating lease payments
       
2022   $ 143,077  
2023     193,169  
2024     172,425  
2025     158,510  
2026 and thereafter     53,183  
Total minimum lease payments     720,364  
Less imputed interest     (104,364 )
Total   $ 616,000  
Schedule of sales tax accrual
           
    March 31,
2022		     December 31,
2021		  
Balance, beginning of year   $ 16,634     $ 31,396  
Sales tax collected     39,513       85,589  
Provisions (reversals)     2,646       (7,685 )
Payments     (38,627 )     (92,666 )
Balance, end of period   $ 20,166     $ 16,634