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

Lease (Tables)

6 Months Ended

Jun. 30, 2020

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


For the Year Ended December 31,	Master Lease		Sublease Income		Net
2020		99,778		(74,833)		24,945
2021		83,149		(62,362)		20,787
Total future undiscounted minimum lease payments	$	182,927	$	(137,195)	$	45,732
Less: imputed interest		(5,938)
Total lease liability	$	176,989