Stryve Foods, Inc. General form of registration statement for all companies including face-amount certificate companies

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2021

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	$	-

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

2	$	2
2021 (for the remainder of)
2022	$	236,439
2023		242,830
2024		249,278
2025		116,309
2026		29,604
Thereafter
Total lease payments	$	874,460
Less: imputed interest		107,078
Future Minimum Payments		874,460
Present value of lease liabilities	$	767,382