Note

Leases

The Company leases facilities and office equipment under various operating leases, which generally are expected to be renewed or replaced by other leases. For the quarter ended

September 30, 2020

and

2019,

operating lease expenses totaled

$58,039

and

$66,223

, respectively. For the

nine

months ended

September 30, 2020

and

2019,

operating lease expenses totaled

$186,731

and

$183,225

, respectively.

Operating lease liabilities as of

September 30, 2020

will require the following payments:

2020 (three months)	$	86,424
2021		343,423
2022		351,334
2023		357,695
2024		356,250
Thereafter		1,469,679
Total minimum lease payments		2,964,805
Less imputed interest		(497,466	)
Total lease liabilities	$	2,467,339