Quarterly report pursuant to Section 13 or 15(d)

Leases ??? Related Party (Tables)

v3.21.2
Leases – Related Party (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Schedule of leases supplemental balance sheet information
       
    September 30,   December 31,
    2021   2020
Operating lease ROU asset   $ 1,646,700     $ 1,279,595  

 

                 
    September 30,   December 31,
    2021   2020
Operating lease liabilities:                
Current portion   $ 364,822     $ 295,374  
Non-current portion     1,336,437       1,015,759  
Total lease liabilities    $ 1,701,259     $ 1,311,133  
Schedule of maturities of lease liabilities
         
Year Ending December 31,    
2021 (excluding the nine months ended September 30, 2021)     $ 90,000  
2022       373,800  
2023       396,900  
2024       416,745  
2025       437,582  
Total lease payment       1,715,027  
Less imputed interest       (13,768 )
Total     $ 1,701,259  
Schedule of operating lease cost
Schedule of operating lease cost        
    September 30, 2021
Weighted average discount rate     0.36 %
Weighted average remaining lease term (years)     4.25  

 

                 
    Nine Months Ended
    September 30,
    2021   2020
Operating lease cost   $ 293,022     $ 248,652  
Total lease cost   $ 293,022     $ 248,652