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Right of Use Leased Asset
6 Months Ended
Jun. 30, 2021
Right Of Use Leased Asset  
Right of Use Leased Asset

Note 6: Right of Use Leased Asset

 

Right of use asset consisted of the following as of June 30, 2021 and December 31, 2020:

           
     

June 30,

2021

   

December 31,

2020

 
Office Lease Asset  $2,700,864   $2,245,093 
Printer Lease Asset   12,374    12,374 
Right Of Use Asset, Gross   2,713,238    2,257,467 
           
Office Lease Accumulated Amortization   (402,403)   (274,980)
Printer Lease Accumulated Amortization   (11,605)   (10,123)
Right Of Use Asset, Net  $2,299,230   $1,972,364 

 

During the three months ended June 30, 2021 and June 30, 2020, the Company recorded amortization expense of $82,668 and $109,458, respectively. During the six months ended June 30, 2021 and June 30, 2020, the Company recorded amortization expense of $128,905 and $217,704, respectively.