Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

v3.21.2
LEASES (Tables)
 9 Months Ended
Sep. 30, 2021
Leases [Abstract]  
Schedule of lease cost for operating leases
               
   

Three Months

Ended

September 30, 2021

    

Nine months

Ended

September 20, 2021

  
Lease Cost                
Operating lease cost   $ 121,932     $ 252,951  
Short-term lease cost     61,226       132,697  
Variable lease cost     –       –  
Sublease income     –       –  
Total lease cost   $ 183,158     $ 385,648  
Schedule of supplemental cash flow information related to leases
       
    September 30, 2020  
Other Lease Information        
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flows from operating leases   $ 194,175  
Schedule of lease-related assets and liabilities
               
    September 30, 2021     December 31, 2020  
Lease Position                
Operating Leases                
Operating lease right-of-use assets   $ 2,296,872     $ 842,357  
Right of use liability operating lease short term     328,337       141,943  
Right of use liability operating lease long term     1,964,779       614,414  
Total operating lease liabilities   $ 2,293,116     $ 756,357  
Schedule of right of use asset and lease liability
       
    September 30, 2021  
Lease Term and Discount Rate        
Weighted-average remaining lease term (years)        
Operating leases     4.9  
Weighted-average discount rate        
Operating leases     5.5%  
Schedule of maturities of lease liabilities
       
    Operating  
    Leases  
Maturity of Lease Liabilities at September 30, 2021        
Remainder of 2021   $ 100,632  
2022     759,522  
2023     1,184,356  
2024     1,143,532  
2025     1,118,146  
2026 and thereafter     910,289  
Total future undiscounted lease payments     5,216,476  
Less: Interest     (599,568 )
Present value of lease liabilities   $ 4,616,908