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

Lease (Tables)

9 Months Ended

Sep. 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		49,889		(37,417)		12,472
2021		83,149		(62,362)		20,787
Total future undiscounted minimum lease payments	$	133,038	$	(99,779)	$	33,259
Less: imputed interest		(3,043)
Total lease liability	$	129,995