Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
6 Months Ended
Jun. 30, 2020
Leases [Abstract]  
Schedule of Supplemental Cash Flows Information Related to Leases

Supplemental cash flows information related to leases was as follows:

 

    For The Six Months Ended  
    June 30,  
    2020     2019  
Cash paid for amounts included in the measurement of lease liabilities:            
Operating cash flows from operating leases   $ 166,963     $ 80,610  
                 
Right-of-use assets obtained in exchange for lease obligations:                
Operating leases   $ -     $ 266,103  
Schedule of Weighted Average Operating Leases
                 
Weighted Average Remaining Lease Term                
Operating leases     0.92       2.03  
                 
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 June 30, 2020 were as follows:

 

For the Years Ending December 31,   Amount  
       
2020   $ 104,182  
2021     86,819  
Total future minimum lease payments     191,001  
Less: imputed interest     (8,565 )
Total   $ 182,436