Annual report pursuant to Section 13 and 15(d)

Operating Leases (Tables)

v3.19.3.a.u2
Operating Leases (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Our Operating Leases

The weighted average remaining lease terms and discount rate for our operating leases were as follows at December 31, 2019:

 

Weighted average remaining lease term (years) for our facility and equipment leases     2.7  
Weighted average discount rate for our facility and equipment leases     8 %

Schedule of Maturities of Lease Liabilities for All Operating Leases

Maturities of our lease liabilities for all operating leases were as follows as of December 31, 2019:

 

2020   $ 92,603  
2021     90,495  
2022     69,741  
Total lease payments     252,839  
Less: Interest     (27,457 )
Present value of lease liabilities     225,382  
Less: current maturities     (77,992 )
Non-current lease liability   $ 147,390