Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

v3.20.2
Leases (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Components Of Lease Expense



 

 

 

 

 

 

 

 



For the Three Months Ended
September 30,

For the Nine Months Ended
September 30,



2020

2019

2020

2019

Operating lease cost

$

 36,770 

$

 36,770 

$

 110,311 

$

 164,178 

Variable lease cost

 

 3,524 

 

 2,856 

 

 15,327 

 

 25,527 



 

 

 

 

 

 

 

 

Total Lease Cost

$

 40,294 

$

 39,626 

$

 125,638 

$

 189,705 



Scheduled Future Minimum Lease Payments



 

 

Year Ending December 31:

 

 

2020 (excluding the nine months ended September 30, 2020)

$

 39,219 

2021

 

 65,364 

     Minimum lease payments

 

 104,583 

Less: Imputed interest

 

 (4,186)

     Present value of minimum lease payments

$

 100,397