Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.23.1
COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Components of lease expense
               
    Year Ended  
    December 31  
    2022     2021  
Operating lease cost - fixed   $ 175,959     $ 229,548  
Variable lease cost     135,109       122,356  
Total operating lease cost   $ 311,068     $ 351,904  
Other information related to leases
               
    December 31, 2022     December 31, 2021  
Operating lease liability - current   $ 157,334     $ 195,176  
Operating lease liability - long term     350,694       459,668  
Operating cash flows from operating leases     311,068       242,305  
                 
Weighted-average remaining lease term of operating leases      3.2 years        4.1 years  
Weighted-average discount rate of operating leases     8.5%       8.5%  
Future annual minimum operating lease payments
       
2023   $ 193,170  
2024     172,424  
2025     158,510  
2026     53,184  
2027     –  
2028 and thereafter     –  
Total minimum lease payments     577,288  
Less imputed interest     (69,260 )
Total   $ 508,028  
Schedule of sales tax accrual
               
    December 31, 2022     December 31, 2021  
Beginning balance   $ 16,634     $ 31,396  
Sales tax collected     162,710       85,589  
Provisions (reversals)     (10,610 )     (7,685 )
Payments     (167,956 )     (92,666 )
Ending balance   $ 778     $ 16,634