Annual report pursuant to Section 13 and 15(d)

Lease (Tables)

v3.20.1
Lease (Tables)
12 Months Ended
Dec. 31, 2019
Lease  
Schedule of future minimum rental payments for operating leases

Future minimum payments under the lease, as amended, are as follows:

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31,

    

Master Lease

    

Sublease Income

    

Net

2020

 

 

196,477

 

 

(147,357)

 

 

49,120

2021

 

 

83,149

 

 

(62,362)

 

 

20,787

Total future undiscounted minimum lease payments

 

$

279,626

 

$

(209,719)

 

$

69,907

Less: imputed interest

 

 

(14,452)

 

 

  

 

 

  

Total lease liability

 

$

265,174