Stryve Foods, Inc. Annual report pursuant to Section 13 and 15(d)

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:


2022	$	236,439
2023		242,830
2024		249,278
2025		116,309
2026		29,604
Total lease payments	$	874,460
Less: imputed interest		107,078
Present value of lease liabilities	$	767,382