Annual report pursuant to Section 13 and 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Supplemental Cash Flows Information Related to Leases

Supplemental cash flows information related to leases was as follows:

 

    For the Year Ended  
    December 31,  
    2019     2018  
             
Cash paid for amounts included in the measurement of lease liabilities:                
Operating cash flows from operating leases   $ 157,672     $ 83,144  
                 
Right-of-use assets obtained in exchange for lease obligations:                
Operating leases   $ 143,339     $ 330,381  

Schedule of Weighted Average Operating Leases

Weighted Average Remaining Lease Term                
Operating leases     1.42       2.58  
                 
Weighted Average Discount Rate                
Operating leases     6.0 %     6.0 %

Schedule of Future Minimum Payments

Future minimum payments under non-cancellable leases as of December 31, 2019 were as follows:

 

For the Years Ending December 31,   Amount  
       
2020     215,463  
2021     90,888  
Total future minimum lease payments     306,351  
Less: imputed interest     (30,690 )
Total   $ 275,661