Quarterly report pursuant to Section 13 or 15(d)

Leases (Tables)

Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of Right-of-use Assets and Related Lease Liabilities

Information related to the Company’s right-of-use assets and related lease liabilities were as follows (unaudited):

		Three Months Ended March 31,
		2021				2020

Cash paid for operating lease liabilities		$	77,000			$	73,600
Right-of-use assets obtained in exchange for new operating lease obligations			-				13,900
Weighted-average remaining lease term			0.0 months				8.0 months
Weighted-average discount rate			10	%			10	%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities as of March 31, 2021 were as follows:
2022			$	83,800
2023				86,300
2024				88,900
2025				91,600
2026				94,300
Thereafter				40,400
				485,300
Less imputed interest				(114,400	)
Total lease liabilities				370,900
Current operating lease liabilities				48,900
Non-current operating lease liabilities				322,000
Total lease liabilities			$	370,900