Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES

v3.23.1
COMMITMENTS AND CONTINGENCIES
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 13 - COMMITMENTS AND CONTINGENCIES

 

Operating Lease Commitments

 

Future commitments under non-cancellable operating leases with terms longer than one year for office and warehouse space as of December 31, 2022, are as follows:

Year Ending December 31,      
2023   $ 88,300  
2024     90,900  
2025     93,600  
2026     64,000  
2027     -  
Thereafter     -  
         
    $ 336,800  

 

For the years ended December 31, 2022, and 2021, rent expense, including prorated charges and net of sub-lease income, was $141,400 and $145,600, respectively.