Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.22.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2022

 

$ 62,620

 

2023

 

$ 61,191

 

2024

 

$ 61,190

 

2025

 

$ 61,190

 

2026

 

$ 61,191

 

Greater than 5 years

 

$ 328,883

 

Total

 

$ 636,265

 

Less: Amount representing interest

 

$ (76,221 )

Present value of minimum lease payments

 

$ 560,044

 

Schedule of future minimum lease payments under operating leases

2022

 

$ 178,721

 

2023

 

$ 161,071

 

2024

 

$ 55,331

 

2025

 

$ 5,200

 

Total Operating Lease Obligations

 

$ 400,323

 

Less: Amount representing interest

 

$ (11,852 )

Present Value of minimum lease payments

 

$ 388,471

 

Schedule of recognized in short-term lease costs

2022

 

$ 38,129

 

Total Operating Lease Liabilities

 

$ 38,129

 

Schedule of Grants Repayable

2022

 

$ 44,289

 

2023

 

$ 42,589

 

2024

 

$ 18,482

 

2025

 

$ 20,344

 

2026

 

$ 26,741

 

Greater than 5 years

 

$ 143,876

 

Total Grants Repayable

 

$ 296,321

 

Schedule of long-term debt payable

2022

 

$ 926,743

 

2023

 

$ 839,657

 

2024

 

$ 686,782

 

2025

 

$ 226,822

 

2026

 

$ 139,914

 

Greater than 5 years

 

$ 613,532

 

Total

 

$ 3,433,450

 

Less: Amount representing interest

 

$ (364,828 )

Total Long-Term Debt

 

$ 3,068,622

 

Schedule of annual payments of collaborative cgreement obligations

2022

 

$ 813,501

 

Total Collaborative Agreement Obligation

 

$ 813,501