Lease (Tables)

12 Months Ended

Dec. 31, 2019

ASU 2016-02 Transition [Abstract]

Lease, Cost [Table Text Block]

The components of lease costs, lease term and discount rate with respect of leases with an initial term of more than 12 months are as follows:

	2019
Operating lease cost	$	620,980
Weighted Average Remaining Lease Term - Operating leases	4.84 years
Weighted Average Discount Rate - Operating leases		5	%

Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

The following is a schedule, by years, of maturities of lease liabilities as of December 31, 2019:

	Operating Leases
Fiscal year 2020	$	604,811
Fiscal year 2021		622,956
Fiscal year 2022		641,644
Fiscal year 2023		660,894
Thereafter		508,000
Total undiscounted cash flows		3,038,305
Less: imputed interest		(346,176	)
Present value of lease liabilities	$	2,692,129