Quarterly report pursuant to Section 13 or 15(d)

Leases ??? Related Party (Tables)

v3.21.2
Leases – Related Party (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of leases supplemental balance sheet information
               
    June 30,   December 31,
    2021   2020
Operating lease ROU asset   $ 1,742,790     $ 1,279,595  

 

                 
    June 30,   December 31,
    2021   2020
Operating lease liabilities:                
Current portion   $ 361,045     $ 295,374  
Non-current portion     1,428,630       1,015,759  
Total lease liabilities   $ 1,789,675     $ 1,311,133  
Schedule of maturities of lease liabilities
       
Year Ending December 31,    
2021 (excluding the six months ended June 30, 2021)   $ 180,000  
2022     373,800  
2023     396,900  
2024     416,745  
2025     437,582  
Total lease payment     1,805,027  
Less imputed interest     (15,352 )
Total   $ 1,789,675  
Schedule of operating lease cost
       
    June 30, 2021
Weighted average discount rate     0.36 %
Weighted average remaining lease term (years)     4.50  

 

                 
    Six Months Ended
    June 30,
    2021   2020
Operating lease cost   $ 195,348     $ 165,768  
Total lease cost   $ 195,348     $ 165,768