Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.21.2
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2021
Commitments And Contingencies Disclosure [Abstract]  
Components of Lease Expense

The following table presents components of lease expense excluding discontinued operations for the Three and Nine Months ended September 30, 2021 and 2020:

 

Three Months

Ended

September 30,

2021

Three Months

Ended

September 30,

2020

Nine Months

Ended

September 30,

2021

Nine Months

Ended

September 30,

2020

Operating lease expense

$ 22,627

$ 27,644

$ 47,483

$ 89,931

 

$ 22,627

$ 27,644

$ 47,483

$ 89,931

Schedule Of Supplemental Balance Sheet Information Related To Operating Leases [Table Text Block]

The following table presents supplemental balance sheet information related to operating leases as of September 30, 2021 and December 31, 2020:

 

 

Balance Sheet Line Item

As of September 30, 2021

 

As of December 31, 2020

 

Assets

 

 

 

 

 

 

 

 

ROU assets

 

Right of use asset, net

$

85,062

 

$

160,667

 

Total lease assets

 

 

$

85,062

 

$

160,667

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Current lease liabilities

 

Lease liability

$

93,340

 

$

103,646

 

Long-term lease liabilities

 

Lease liability

 

1,652

 

 

68,002

 

Total lease liabilities

 

 

$

94,992

 

$

171,648

 

 

 

 

 

 

 

 

 

 

Weighted-average remaining lease term (in years)

 

 

 

1.00

 

 

1.60

 

Weighted-average discount rate

 

 

 

6.55

%

 

6.55

%

Schedule Of Supplemental Cash Flow Information And Non Cash Activity Related To Operating Leases [Table Text Block]

The following table presents supplemental cash flow information and non-cash activity related to operating leases for the Nine Months ended September 30, 2021 and 2020:

 

 

 

 

Nine Months Ended September 30, 2021

 

Nine Months Ended September 30, 2020

 

 

 

Operating cash flow information

 

 

 

 

 

 

 

 

 

 

Cash paid for amounts included in the measurement of lease liabilities

 

 

$

(76,656

)

$

(69,669

)

 

 

Schedule of Future Minimum Lease Payment Due

The following table presents maturities of operating lease liabilities on an undiscounted basis as of September 30, 2021:

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Leases

 

 

 

 

 

2021 (excluding the nine months ended September 30, 2021)

 

 

$

26,990

 

 

 

 

 

2022

 

 

 

68,002

 

 

 

 

 

2023

 

 

 

-

 

 

 

 

 

 

 

 

$

94,992