• Filing Date: 2019-05-13
  • Form Type: 10-Q
  • Description: Quarterly report
v3.19.1
Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Schedule of Right-of-use Assets and Liabilities

A summary of the Company’s right-of-use assets and liabilities is as follows:

 

    Three Months Ended
March 31, 2019
 
       
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from operating leases   $ 22,001  
         
Right-of-use assets obtained in exchange for lease obligations:        
Operating leases   $ 265,550  
         
Weighted Average Remaining Lease Term        
Operating leases     3.25 years  
         
Weighted Average Discount Rate        
Operating leases     8.0 %
Schedule of Future Minimum Payments Under Non-cancellable Lease

Future minimum payments under non-cancellable lease as of March 31, 2019 were as follows:

 

For the Years Ending December 31,   Amount  
       
2019   $ 66,883  
2020     90,666  
2021     92,471  
2022     46,687  
Total future minimum lease payments     296,707  
Less: amount representing imputed interest     (35,668 )
Total   $ 261,039