Annual report pursuant to Section 13 and 15(d)

LEASES (Tables)

LEASES (Tables)

12 Months Ended

Dec. 31, 2022

SCHEDULE OF NET LEASE COST AND OTHER SUPPLEMENTAL LEASE

The following table presents net lease cost and other supplemental lease information:

	Year Ended
	December 31, 2022
Lease cost
Operating lease cost (cost resulting from lease payments)	$	31,391
Short term lease cost		-
Sublease income		(31,391	)
Net lease cost	$	-

Operating lease – operating cash flows (fixed payments)	$	31,391
Operating lease – operating cash flows (liability reduction)	$	25,935
Current leases – right of use assets	$	61,353
Current liabilities – operating lease liabilities	$	61,605
Non-current liabilities – operating lease liabilities	$	-

Operating lease ROU assets	$
Weighted-average remaining lease term (in years)		0.75
Weighted-average discount rate		2.1	%

SCHEDULE OF NON-CANCELABLE LEASES

Future minimum payments under non-cancelable leases for operating leases for the remaining terms of the leases following the year ended December 31, 2022:

SCHEDULE OF NON-CANCELABLE LEASES

Fiscal Year	Operating Leases
2023		66,864
Total future minimum lease payments		66,864
Amount representing interest		9,184
Present value of net future minimum lease payments	$	57,680