Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of lease expense for the three months ended March 31, 2019 were as follows:

 

Operating lease cost   $ 93,015  
Finance lease cost:        
Amortization of right-of-use assets   $ 2,053  
Interest on lease liabilities     420  
Total finance lease cost   $ 2,473  

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

Future minimum lease payments as of March 31, 2019 under all non-cancelable operating leases having an initial or remaining term of more than one year were:

 

   

Operating

Leases

   

Finance

Lease

 
2019   $ 320,069     $ 9,496  
2020     917,444       12,661  
2021     1,008,227       12,661  
2022     949,935       1,371  
2023     910,166       -  
Thereafter     5,139,851       -  
Total lease payments     9,245,292     $ 36,189  
Less: imputed interest     (2,963,703     (3,708
    $ 6,281,589      $ 32,481