Commitments and Contingencies
|9 Months Ended|
Sep. 30, 2023
|Commitments and Contingencies Disclosure [Abstract]|
|Commitments and Contingencies||
Supplemental cash flow information and non-cash activity related to the Company’s operating leases are as follows:
Effective October 1, 2022, the Company did not apply the provisions of ASU 2016-02 as its leases had terms of 12-month or less at inception. As of September 30, 2023, total minimum lease payments were approximately $25,000.
The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef