Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.21.1
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2020
Operating Leases  
Schedule of future minimum lease payments

For the twelve months ended December 31

 

 

 

2021

 

$

438,840

 

2022

 

 

351,100

 

2023

 

 

45,000

 

2024

 

 

11,250

 

Total

 

 

846,190

 

Less discount

 

 

(43,590

)

Total lease liabilities

 

 

802,600

 

Less current portion

 

 

(407,975

)

Operating lease obligation, net of current portion

 

$

394,625

 

Schedule of lease cost

 

 

Year

Ended

December 31,

2020

 

 

 

 

 

Operating lease cost

 

$

363,100

 

Short-term lease cost (1)

 

 

7,080

 

Total lease cost

 

$

370,180