Quarterly report pursuant to Section 13 or 15(d)

Operating Lease Right-of-Use (???Rou???) Assets and Operating Lease Liabilities (Tables)

v3.21.2
Operating Lease Right-of-Use (“Rou”) Assets and Operating Lease Liabilities (Tables)
 9 Months Ended
Sep. 30, 2021
Operating Lease Right-of-Use (“Rou”) Assets and Operating Lease Liabilities [Abstract]  
Schedule of right-of-use asset
   

September 30,

2021

     December 31,
2020		  
Office leases right of use assets   $ 253,433     $ 74,296  
Less: accumulated amortization     (7,881 )     (52,524 )
Balance of ROU assets   $ 245,552     $ 21,772  

 
Schedule of operating lease liabilities related to the ROU assets
   

September 30,
2021

     December 31,
2020		  
Lease liabilities related to office leases right of use assets   $ 245,552     $ 22,216  
Less: current portion of lease liabilities     (39,879 )     (22,216 )
Lease liabilities – long-term   $ 205,673     $
-
  

 
Schedule of future minimum base lease payments due under non-cancelable operating leases
September 30,   Amount  
2022   $ 67,200  
2023     67,200  
2024     67,200  
2025     67,200  
2026     56,000  
Total minimum non-cancelable operating lease payments     324,800  
Less: discount to fair value     (79,248 )
Total lease liability on September 30, 2021   $ 245,552