Quarterly report pursuant to Section 13 or 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)
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements [Abstract]  
Schedule of right-of-use asset
   

March 31,

2020

     December 31,
2019		  
Office leases right of use assets   $ 74,296     $ 74,296  
Less: accumulated amortization     (15,971 )     (4,488 )
Balance of ROU assets   $ 58,325     $ 69,808  
Schedule of operating lease liabilities related to the ROU assets
   

March 31,

2020

     December 31,
2019		  
Lease liabilities related to office leases right of use assets   $ 58,503     $ 69,852  
Less: current portion of lease liabilities     (49,483 )     (47,636 )
Lease liabilities – long-term   $ 9,020     $ 22,216  
Schedule of future minimum base lease payments due under non-cancelable operating leases
Year ended March 31,   Amount  
2021   $ 53,862  
2022     9,154  
Total minimum non-cancelable operating lease payments     63,016  
Less: discount to fair value     (4,513 )
Total lease liability at March 31, 2020   $ 58,503