Commitments |
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Mar. 31, 2022 | |||||||||||||||||||||
| Commitments Abstract | |||||||||||||||||||||
| Commitments |
Note 14 — Commitments Non-cancellable operating leases The Company leases various offices and equipment under non-cancellable operating lease agreements. The leases have varying terms and renewal rights. On renewal, the terms of the leases are renegotiated. From July 1, 2019, the Company has only short-term operating leases. The Company has entered into lease agreements for offices in China. On August 27, 2021, Logico Shanghai signed a one-year lease agreement in China from September 1, 2021 to August 31, 2022 with a monthly lease payment of $2,940 (RMB 19,000) and a security deposit of $5,875. As of March 31, 2022, there is one remaining lease agreement. Commitments for minimum lease payments in relation to non-cancellable short-term leases are payable as follows:
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- Definition The disclosure of commitments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Commitments. No definition available.
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