Annual report pursuant to Section 13 and 15(d)

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

v3.20.1
Operating Lease Right-Of-Use (Rou) Assets and Operating Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements [Abstract]
Schedule of right-of-use asset
December 31,
2019
Office leases right of use assets $ 74,296
Less: accumulated amortization into rent expense (4,488 )
Balance of ROU assets as of December 31, 2019 $ 69,808
Schedule of operating lease liabilities related to the ROU assets
December 31,
2019
Lease liabilities related to office leases right of use assets $ 69,852
Less: current portion of lease liabilities (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
2020 $ 53,461
2021 22,885
Total minimum non-cancelable operating lease payments 76,346
Less: discount to fair value (6,494 )
Total lease liability at December 31, 2019 $ 69,852