Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.20.2
Operating Leases (Tables)
9 Months Ended
Sep. 30, 2020
Operating Leases  
Schedule of future minimum lease payments

For the twelve months ended September 30,

 

 

 

2021

 

$

 

 438,840 

 

 

2022

 

 

 402,520 

 

 

2023

 

 

 92,040 

 

 

2024

 

 

 22,500 

 

 

Total

 

 

955,900

 

 

Less discount

 

 

(54,447

 

)

 

Total lease liabilities

 

 

901,453

 

 

Less current portion

 

 

(402,918

 

)

 

Operating lease obligation, net of current portion

 

$

 

498,535

 

 

Schedule of lease cost

 

 

Three Months

Ended

September 30,

2020

 

 

Nine Months

Ended

September 30,

2020

 

 

 

 

 

 

 

 

Operating lease cost

 

$ 92,133

 

 

$ 289,263

 

Short-term lease cost (1)

 

 

1,770

 

 

 

5,310

 

Total lease cost

 

$ 93,903

 

 

$ 294,573