Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2020
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Reconciliation of Undiscounted Cash Flows to Lease Liabilities Recognized

A reconciliation of undiscounted cash flows to lease liabilities recognized as of March 31, 2020 is as follows:

 

 

 

Amount

 

 

 

(unaudited)

 

2020

 

 

602,250

 

2021

 

 

863,199

 

2022

 

 

584,469

 

Total future lease payments

 

 

2,049,918

 

Present value discount (4% weighted average)

 

 

(95,115

)

Total operating lease liabilities

 

 

1,954,803