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LEASES (Tables)
 9 Months Ended
Sep. 30, 2021
Leases  
Schedule of components of lease costs
        
   Three months ended   Three months ended 
   September 30,
2021		   September 30,
2020		 
   Operating   Finance   Operating   Finance 
   Leases   Leases   Leases   Leases 
Lease cost in general and administrative expenses:                    
Operating lease expense  $124,885   $-   $104,380   $- 
Amortization of finance lease ROU assets   -    34,129    -    49,713 
Total lease cost in general and administrative expenses   124,885    34,129    104,380    49,713 
                     
Lease cost in other expense:                    
Interest on finance lease liabilities   -    2,397    -    21,530 
Total lease cost in other expense   -    2,397    -    21,530 
Total lease cost  $124,885   $36,526   $104,380   $71,243 

 

    Nine months ended     Nine months ended  
    September 30,
2021		     September 30,
2020		  
    Operating     Finance     Operating     Finance  
    Leases     Leases     Leases     Leases  
Lease cost in general and administrative expenses:                                
Operating lease expense   $ 366,863     $     $ 297,459     $        -  
Amortization of finance lease ROU assets     -       106,122       -       289,277  
Total lease cost in general and administrative expenses     366,863       106,122       297,459       289,277  
                                 
Lease cost in other expense:                                
Interest on finance lease liabilities     -       5,365       -       27,585  
Total lease cost in other expense     -       5,365       -       27,585  
Total lease cost   $ 366,863     $ 111,487     $ 297,459     $ 316,862  
Schedule of cash flow information related to leases
    
   Nine months ended 
   September 30, 
   2021   2020 
Leasing activity in cash flows from operating activities:          
Payments under operating leases   (363,600)   (185,388)
Interest payments on finance lease liabilities   (5,365)   (27,585)
Total leasing activity in cash flows from operating activities   (368,965)   (212,973)
           
Leasing activity in cash flows from financing activities:          
Principal payments on finance lease liabilities   (72,386)   (259,231)
Total leasing activity in cash flows from financing activities:   (72,386)   (259,231)
Schedule of weighted average remaining lease term and weighted average discount rate
        
   September 30,   December 31, 
   2021   2020 
Weighted average remaining lease term (years) - operating leases   2.4    2.6 
Weighted average remaining lease term (years) - finance leases   0.8    1.1 
Weighted average discount rate - operating leases   6.37%   6.52%
Weighted average discount rate - finance leases   3.09%   3.95%
Schedule of future annual minimum cash payments required under operating lease
            
   Operating   Finance     
Future minimum lease payments  Leases   Leases   Total 
2021  $107,567   $24,826   $132,393 
2022   420,694    177,626    598,320 
2023   381,537    46,983    428,520 
2024   84,736    -    84,736 
2025   5,387    -    5,387 
Total future minimum lease payments   999,921    249,435    1,249,356 
Less: Amount representing interest   (72,772)   (5,278)   (78,050)
Present value of lease liabilities   927,149    244,157    1,171,306 
Less: current portion   (376,602)   (155,508)   (532,110)
Long-term portion  $550,547   $88,649   $639,196