Quarterly report pursuant to Section 13 or 15(d)

Lease (Tables)

v3.23.2
Lease (Tables)
6 Months Ended
Jun. 30, 2023
Lease  
Schedule of operating right-of-use asset and liability
           
    June 30, 2023     December 31, 2022  
Operating lease right-of-use assets   $ 266,098     $ 353,074  
Amortization     (29,982 )     (99,738 )
Operating lease right-of-use assets, net   $ 236,116     $ 253,336  
Lease liabilities, current portion   $ 81,203     $ 113,058  
Lease liabilities, less current portion   $ 131,570     $ 165,952  
Schedule of lease term and discount rate
           
    June 30, 2023     December 31, 2022  
Weighted average remaining lease term                
Operating lease     2.58 to 2.75 years       2.17 years  
Weighted average discount rate                
Operating lease     10%       10%  
Schedule of maturity of lease liabilities
     
    Amount  
Year ending December 31, 2023   $ 19,834  
Year ending December 31, 2024     102,104  
Year ending December 31, 2025     111,727  
Year ending December 31, 2026     8,264  
Total minimum lease payment     241,929  
Less: imputed interest     (29,156 )
Present value of future minimum lease payments   $ 212,773