Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES

v3.22.1
COMMITMENTS AND CONTINGENCIES
 12 Months Ended
Dec. 31, 2021
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, 2021, are as follows:

 

Year Ending December 31,      
2022   $ 85,700  
2023     88,300  
2024     90,900  
2025     93,600  
2026     64,000  
Thereafter     -  
    $ 422,500  

 

For the years ended December 31, 2021, and 2020, rent expense, including prorated charges and net of sub-lease income, was $145,600 and $145,300, respectively.