• Filing Date: 2021-03-31
  • Form Type: 10-K
  • Description: Annual report
v3.21.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Payments Under Operating Leases

Future minimum lease payments as of December 31,2020 are as follows:

 

    Totals  
2021     176,000  
2022     13,000  
2023     -  
2024     -  
Total lease payments     189,000  
Less: Imputed Interest     (7,000 )
Present value of remaining lease payments   $ 182,000  
         
Current   $ 167,000  
Noncurrent   $ 15,000  
         
Weighted-average remaining lease term (years)     1.05  
         
Weighted-average discount rate     4.0 %