Annual report pursuant to Section 13 and 15(d)

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

v3.20.1
Operating Lease Right-Of-Use (Rou) Assets and Operating Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements [Abstract]  
Schedule of right-of-use asset
    December 31,
2019
 
Office leases right of use assets   $ 74,296  
Less: accumulated amortization into rent expense     (4,488 )
Balance of ROU assets as of December 31, 2019   $ 69,808  
Schedule of operating lease liabilities related to the ROU assets
    December 31,
2019
 
Lease liabilities related to office leases right of use assets   $ 69,852  
Less: current portion of lease liabilities     (47,636 )
Lease liabilities – long-term   $ 22,216  
Schedule of future minimum base lease payments due under non-cancelable operating leases
Year ended December 31,   Amount  
2020   $ 53,461  
2021     22,885  
Total minimum non-cancelable operating lease payments     76,346  
Less: discount to fair value     (6,494 )
Total lease liability at December 31, 2019   $ 69,852