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Lease Liabilities | 3 Months Ended | 12 Months Ended
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Mar. 31, 2021 | Dec. 31, 2020
Leases [Abstract] |  |
Lease Liabilities | 10. Lease Liabilities During the year ended December 31, 2019, the Company signed a lease agreement for warehouse space to commence on August 1, 2019 and end on July 31, 2022 with monthly lease payments of $2,221. The Company has accounted for its leases upon adoption of ASC 842 whereby it recognizes a lease liability and a right-of-use asset at the date of initial application, beginning January 1, 2019. The lease liability is measured at the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 10%. The Company has measured the right-of-use asset at an amount equal to the lease liability. The Company’s right-of-use asset for the three month ended March 31, 2021 as follows:
|  | 2021 |
Right-of-use asset |  | $ | 32,757 |
Current lease liability |  | $ | 24,485 |
Long-term lease liability |  | $ | 8,272 |
The components of lease expense are as follows:
|  | March 31, 2021 |  |  | March 31, 2020 |
Amortization of right-of-use |  | $ | 5,749 |  |  | $ | 22,164 |
Interest on lease liability |  | $ | 915 |  |  | $ | 4,494 |
Total lease cost |  | $ | 6,664 |  |  | $ | 26,658 |
Maturities of lease liability are as follows: Future minimum lease payments as of March 31, 2021,
2021 |  |  | 19.994 |
2022 |  |  | 15,551 |
Total future minimum lease payments |  |  | 35.545 |
Less: amount representing interest |  |  | (2.787 | )
Present value of future payments |  |  | 32,758 |
Current portion |  |  | 24,485 |
Long term portion |  | $ | 8,272 |
| 19. Lease Liabilities During the year ended December 31, 2019, the Company signed a lease agreement for warehouse space to commence on August 1, 2019 and end on July 31, 2022 with monthly lease payments of $2,221. The Company has accounted for its leases upon adoption of ASC 842 whereby it recognizes a lease liability and a right-of-use asset at the date of initial application, beginning January 1, 2019. The lease liability is measured at the present value of the remaining lease payments, discounted using the Company’s incremental borrowing rate of 10%. The Company has measured the right-of-use asset at an amount equal to the lease liability. The Company’s right-of-use asset for the year ended December 31, 2020 is as follows:
|  | 2020 |
Right-of-use asset |  | $ | 38,506 |
Current lease liability |  | $ | 23,883 |
Long-term lease liability |  | $ | 14,624 |
The components of lease expense are as follows:
|  | December 31, 2020 |  |  | December 31, 2019 |
Amortization of right-of-use |  | $ | 21,619 |  |  |  | 11,107 |
Interest on lease liability |  | $ | 5,039 |  |  |  | 2,716 |
Total lease cost |  | $ | 26,658 |  |  |  | 13,823 |
Maturities of lease liability are as follows: Future minimum lease payments as of December 31, 2020,
2021 |  |  | 26,658 |
2022 |  |  | 15,551 |
Total future minimum lease payments |  |  | 42,209 |
Less: amount representing interest |  |  | (3,702 | )
Present value of future payments |  |  | 38,507 |
Current portion |  |  | 23,883 |
Long term portion |  | $ | 14,624 |

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- References No definition available. + Details
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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 + Details
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