XML 40 R19.htm IDEA: XBRL DOCUMENT v3.19.3
Leases (Tables)
9 Months Ended
Sep. 30, 2019
Leases  
Summary of quantitative information regarding the Company's leases

 

 

 

 

 

 

 

 

 

    

Three Months

    

Nine Months

 

 

 

Ended

 

Ended

 

Lease Cost

 

September 30, 2019

 

September 30, 2019

 

Operating lease cost

 

$

54,358

 

$

106,210

 

Other Information

 

 

 

 

 

 

 

Operating cash flows paid for amounts included in the measurement of lease liabilities

 

$

51,394

 

$

112,211

 

Operating lease liabilities arising from obtaining right‑of‑use assets

 

$

585,256

 

$

585,256

 

Weighted average remaining lease term (years)

 

 

2.3 - 2.8

 

 

2.3 - 2.8

 

Weighted average discount rate

 

 

3.0% - 4.3%

 

 

3.0% - 4.3%

 

 

Schedule of future lease payments under noncancellable leases

Future lease payments under noncancelable leases are as follows at September 30, 2019:

 

 

 

 

 

    

Operating

Future Lease Payments

 

Leases

Remainder of 2019

 

$

60,598

2020

 

 

244,688

2021

 

 

246,983

2022

 

 

60,380

Total Lease Payments

 

$

612,649

Less: Imputed Interest

 

 

(27,393)

Total Lease Liabilities

 

$

585,256