OPERATING LEASE AND RIGHT-OF-USE ASSETS AND OPERATING LEASE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2020

Operating Lease And Right-of-use Assets And Operating Lease Liabilities

Schedule of right-of- use assets

Right-of-use assets at December 31, 2020 and 2019 are summarized below:

	December 31, 2020			December 31, 2019
Office lease	$	48,957		$	22,575
Less accumulated amortization		(6,966	)		(14,574	)
Right of use assets, net	$	41,991		$	8,001

Schedule of operating lease liabilities

Operating lease liabilities are summarized below:

	December 31, 2020			December 31, 2019
Office lease	$	42,274		$	8,079
Less: current portion		(14,680	)		(8,079	)
Long term portion	$	27,594		$	-

Maturity of lease liabilities

Maturity of lease liabilities are as follows:

Year ended December 31, 2021	$	18,103
Year ended December 31, 2022		18,641
Year ended December 31, 2023		11,080
Total future minimum lease payments		47,824
Less: Present value discount		(5,550	)
Lease liability	$	42,274