COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2021

Commitments and Contingencies Disclosure [Abstract]

Schedule of Right Of Use Asset and Lease Liability

Supplemental balance sheet information related to leases as of June 30, 2021 is as follows:
Assets
Operating lease - right-of-use asset	$	129,128
Liabilities
Current
Current portion of operating lease	$	66,659
Noncurrent
Operating lease liability, net of current portion	$	73,779

Supplemental statement of operations information related to leases for the period ended June 30, 2021 is as follows:
Operating lease expense as a component of other general and administrative expenses	$	34,920

Supplemental cash flow information related to leases for the period ended June 30, 2021 is as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating lease	$	36,102
Lease term and Discount Rate
Weighted average remaining lease term (months)
Operating lease		24
Weighted average Discount Rate
Operating lease		7	%

Scheduled Maturities of Operating Lease Liabilities Outstanding

Year	Operating Lease
2021 remaining six months	$	37,188
2022		75,492
2023		38,304
Total Minimum Future Payments		150,984
Less: Imputed Interest		10,546
Present Value of Lease Liabilities	$	140,438

Summary of Potential Payments upon Termination of Employment

	Salary Severance		Bonus Severance		Gross up Taxes		Benefit Compensation		Grand Total
Stewart Wallach	$	301,521	$	—	$	12,600	$	6,600	$	320,721
Gerry McClinton	$	191,442	$	—	$	11,000	$	6,600	$	209,042