Ideal Power Inc. Quarterly report pursuant to Section 13 or 15(d)

Lease (Tables)

3 Months Ended

Mar. 31, 2020

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


For the Year Ended December 31,	Master Lease			Sublease Income		Net
2020		148,436		(111,327)		37,109
2021		83,149		(62,362)		20,787
Total future undiscounted minimum lease payments	$	231,585	$	(173,689)	$	57,896
Less: imputed interest		(9,758)
Total lease liability	$	221,827