Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.21.2
COMMITMENTS AND CONTINGENCIES (Tables)
9 Months Ended
Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF COMPONENTS OF LEASE EXPENSE

The components of lease expense for the nine months ended September 30, 2021 were as follows:

 

         
Operating lease cost   $ 820,607  
         
Finance lease cost:        
Amortization of right-of-use assets   $ 24,512  
Interest on lease liabilities     4,051  
Total finance lease cost   $ 28,563  
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER ALL NON-CANCELABLE OPERATING LEASES

Future minimum lease payments as of September 30, 2021 under all non-cancelable leases having an initial or remaining term of more than one year were:

 

   

Operating

Leases

   

Finance

Leases

 
2021   $ 282,673     $ 9,603  
2022     1,071,079       27,123  
2023     1,035,017       23,201  
2024     963,589       3,229  
2025     936,947       -  
Thereafter     3,468,041       -  
Total lease payments     7,757,344     $ 63,156  
Less: imputed interest     (1,942,403 )     (5,012 )
    $ 5,814,941     $ 58,144