LEASES (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of supplemental balance sheet information related to leases

The following table provides a summary of leases by balance sheet category as of September 30, 2020:

	September 30, 2020
Operating right-of-use assets	$	4,130,760
Operating lease liability - current		514,910
Operating lease liability - non-current		3,683,355

Schedule of lease expenses

The components of lease expenses for the nine months ended September 30, 2020, were as follows:

	Nine Months Ended
	September 30, 2020
Operating lease cost	$	695,456
Short-term lease cost		-
Variable lease cost		106,927

Schedule of supplemental cash flow information related to leases

The following tables provides a summary of other information related to leases for the nine months ended September 30, 2020:

	September 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	762,356
Right-of-use assets obtained in exchange for new operating lease liabilities	$	-
Weighted-average remaining lease term - operating leases		7.4 years
Weighted-average discount rate - operating leases		10%

Schedule of maturities of operating lease liabilities

Maturity of lease liabilities under our non-cancellable operating leases as of September 30, 2020, are as follows:

Payments due by period
2020 (remainder)	$	247,790
2021		880,914
2022		872,599
2023		895,200
2024		857,368
Thereafter		2,233,700
Total lease payments		5,987,571
Less interest		(1,789,306	)
Present value of lease liabilities	$	4,198,265