Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of Supplemental Cash Flow Information Related to Leases

Other information related to the Company’s leases is provided below.

 

    Nine Months Ended
September 30, 2019
 
Supplemental Cash Flows Information        
Cash paid for amounts included in the measurement of lease liability:        
Operating cash flows from operating lease     86,234  
Operating lease asset obtained in exchange for lease obligation:        
Operating lease   $ 198,319  
Remaining lease term        
Operating lease     1.1 years  
Discount rate        
Operating lease     6.00 %

Schedule of Future Minimum Lease Payments Under Non-cancelable Operating Leases

Future payments under non-cancelable extended operating leases having initial or remaining terms of one year or more are as follows for the remaining fiscal year and thereafter:

 

Future minimum lease payments year ending December 31,      
2019 (remaining)   $ 30,675  
2020     103,254  
Total future minimum lease payments, undiscounted     133,929  
Less imputed interest     (4,581 )
Present value of lease liabilities   $ 129,348  
         
Operating lease liabilities reported as of September 30, 2019:        
Operating lease liabilities-current   $ 119,074  
Operating lease liabilities-non-current     10,274  
Total   $ 129,348