Quarterly report pursuant to Section 13 or 15(d)

Operating Leases (Tables)

v3.21.1
Operating Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Weighted Average Remaining Lease Terms and Discount Rate for Operating Leases

The weighted average remaining lease terms and discount rate for our operating leases were as follows at March 31, 2021:

 

Weighted average remaining lease term (years) for our facility and equipment leases     1.7  
Weighted average discount rate for our facility and equipment leases     8.00 %
Schedule of Maturities of Lease Liabilities for all Operating Leases

Maturities of our lease liabilities for all operating leases were as follows as of March 31, 2021:

 

2021   $ 72,750  
2022     75,969  
2023     6,228  
2024     1,557  
Total lease payments     156,504  
Less: Interest     (11,790 )
Present value of lease liabilities     144,714  
Less: current maturities     (97,270 )
Non-current lease liability   $ 47,444