COMMITMENTS AND CONTINGENCIES (Tables)

9 Months Ended

Sep. 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 September 30, 2021, is as follows:
Assets
Operating lease - right-of-use asset	$	114,032
Liabilities
Current
Current portion of operating lease	$	68,392
Noncurrent
Operating lease liability, net of current portion	$	55,814

Supplemental statement of operations information related to leases for the period ended September 30, 2021, is as follows:
Operating lease expense as a component of other general and administrative expenses	$	52,380

Supplemental cash flow information related to leases for the period ended September 30, 2021, is as follows:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow paid for operating lease	$	54,696
Lease term and Discount Rate
Weighted average remaining lease term (months)
Operating lease		21
Weighted average Discount Rate
Operating lease		7	%

Scheduled Maturities of Operating Lease Liabilities Outstanding

Year	Operating Lease
2021 remaining three months	$	18,594
2022		75,492
2023		38,304
Total Minimum Future Payments		132,390
Less: Imputed Interest		8,184
Present Value of Lease Liabilities	$	124,206

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