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Commitments and Contingencies
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Commitments and contingencies

Note 11 — Commitments and contingencies

 

Contingencies

 

From time to time, the Company may be subject to certain legal proceedings, claims and disputes that arise in the ordinary course of business. Although the outcomes of these legal proceedings cannot be predicted, the Company does not believe these actions, in the aggregate, will have a material adverse impact on its financial position, results of operations or liquidity.

 

Lease commitment

 

The Company has entered into non-cancellable operating lease agreements for several offices and dormitory spaces for its employees. The two leases are expiring through 2020. The Company's commitments for minimum lease payment under these operating leases as of December 31, 2018 are as follow:

 

Twelve months ending December 31,  Minimum lease payment 
2019  $176,204 
2020   58,741 
2021   51,407 
Total  $286,352 

 

Rent expense for the years ended December 31, 2018, 2017 and 2016 were $331,904, $183,998 and $171,572, respectively.