XML 61 R19.htm IDEA: XBRL DOCUMENT v3.20.1
Commitments And Contingencies And Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2019
Commitments And Contingencies And Subsequent Events  
Schedule of Right Of Use Asset and Lease Liability

Supplemental balance sheet information related to leases as of December 31, 2019 is as follows:  
Assets      
Operating lease - right-of-use asset   $ 214,202  
         
Liabilities        
Current        
Current portion of operating lease   $ 51,174  
         
Noncurrent        
Operating lease liability, net of current portion   $ 170,998  

 

Supplemental statement of operations information related to leases for the year ended December 31, 2019  
Operating lease expense as a component of Other general and administrative expenses   $ 11,640  
         

 

Supplemental cash flow information related to leases for the year ended December 31, 2019 is as follows:  
Cash paid for amounts included in the measurement of lease liabilities:      
Operating cash flow paid for operating lease   $ 13,567  
         
Lease term and Discount Rate        
Weighted average remaining lease term (months)     42  
Operating lease        
         
Weighted average Discount Rate        
Operating lease     7 %

 

Scheduled maturities of operating lease liabilities outstanding

Scheduled maturities of operating lease liabilities outstanding as of December 31, 2019 are as follows:

 

Year   Operating Lease  
       
2020   $ 65,312  
2021     73,290  
2022     75,492  
2023     38,304  
Total Minimum Future Payments     252,398  
         
Less: Imputed Interest     30,226  
         
Present Value of Lease Liabilities   $ 222,172