Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Summary of Other Balance Sheet Information Related to Operating Leases

Other Balance Sheet information related to operating leases was as follows:

 

   December 31, 
   2021   2020 
         
Operating leases, Right-of-use assets, net  $767,382   $- 
Weighted average remaining lease term, in years   5      
Weighted Average Discount Rate   5%        - 

 

The following table presents the balance of Operating lease obligations:

 

Operating lease liabilities (current)  $168,482   $- 
Operating lease liabilities (long-term)  $598,900   $    - 
Total operating lease liabilities  $767,382   $- 
Schedule of Future Minimum Payments Required under Lease Agreement

Future minimum payments required under the lease agreements as of December 31, 2021 follows:

 

2022  $236,439 
2023   242,830 
2024   249,278 
2025   116,309 
2026   29,604 
Total lease payments  $874,460 
Less: imputed interest   107,078 
Present value of lease liabilities  $767,382