Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies Disclosure [Abstract]

Schedule of Operating Leases

Supplemental balance sheet information related to leases was as follows:

Operating Leases	Classification	June 30, 2019
Right-of-use assets	Operating right of use assets	$	591,408
Current lease liabilities	Current operating lease liabilities		91,301
Non-current lease liabilities	Long-term operating lease liabilities		498,709
Total lease liabilities		$	590,010

Summary of Operating Lease Liabilities

Lease term and discount rate were as follows:

	June 30, 2019
Weighted average remaining lease term (years)		5.18
Weighted average discount rate		5.91	%

Schedule of Lease Cost

The component of lease costs were as follows:

	Three months ended June 30, 2019
Operating lease cost	$	10,936
Variable lease cost		-
Total lease costs	$	10,936

The component of lease costs were as follows:

	Six months ended June 30, 2019
Operating lease cost	$	41,874
Variable lease cost		-
Total lease costs	$	41,874

Schedule of Cash Flow Information Related to Leases

Supplemental disclosures of cash flow information related to leases were as follows:

	June 30, 2019
Cash paid for operating lease liabilities	$	45,603
Operating right of use assets obtained in exchange for operating lease liabilities	$	635,613

Schedule of Maturities of Operating Lease Liabilities

Maturities of lease liabilities were as follows as of June 30, 2019:

	Trebor Industries Office Lease			BMG Office Lease			Copier			Total lease payments
Remainder of 2019	$	29,020		$	29,091		$	4,194		$	62,305
2020		59,339			59,927			8,388			127,654
2021		61,119			61,725			8,388			131,232
2022		62,953			63,576			8,388			134,917
2023 and thereafter		114,559			116,070			2,796			233,424
Total		326,999			330,389			32,154			689,533
Less: Imputed interest		(46,599	)		(49,479	)		(3,445	)		(99,523	)
Present value of lease liabilities	$	280,391		$	280,910		$	28,709			$ 590,010