Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Schedule of Supplemental Cash Flows Information Related to Leases

Supplemental cash flows information related to leases was as follows:

 

    For The Three Months Ended  
    March 31,  
    2020     2019  
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flows from operating leases                
    $ 52,743     $ 30,400  
Right-of-use assets obtained in exchange for lease obligations:                
Operating leases                
    $ -     $ -  

Schedule of Weighted Average Operating Leases

Weighted Average Remaining Lease Term                
Operating leases                
      1.41       2.32  
Weighted Average Discount Rate                
Operating leases     6.0 %     6.0 %

Schedule of Future Minimum Lease Payments

Future minimum payments under non-cancellable leases as of March 31, 2020 were as follows:

 

For the Years Ending December 31,     Amount  
         
  2020     $ 156,274  
  2021       86,819  
  Total future minimum lease payments       243,092  
  Less: imputed interest       (13,510 )
  Total     $ 229,582