Annual report pursuant to Section 13 and 15(d)

Operating Lease Right-Of-Use (ROU) Assets and Operating Lease Liabilities (Tables)

v3.22.1
Operating Lease Right-Of-Use (ROU) Assets and Operating Lease Liabilities (Tables)
 12 Months Ended
Dec. 31, 2020
Operating Lease Right-Of-Use (ROU) Assets and Operating Lease Liabilities [Abstract]
Schedule of right-of-use asset

December 31,
2020

 December 31,
2019
Office leases right of use assets $ 74,296 $ 74,296
Less: accumulated amortization (52,524 ) (4,488 )
Balance of ROU assets $ 21,772 $ 69,808
Schedule of operating lease liabilities related to the ROU assets

December 31,

2020

 December 31,
2019
Lease liabilities related to office leases right of use assets $ 22,216 $ 69,852
Less: current portion of lease liabilities (22,216 ) (47,636 ))
Lease liabilities – long-term $ - $ 22,216
Schedule of future minimum base lease payments due under non-cancelable operating leases
Year ended December 31, Amount
2021 $ 22,885
Total minimum non-cancelable operating lease payments 22,885
Less: discount to fair value (669 )
Total lease liability on December 31, 2020 $ 22,216