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7. LEASES (Tables)
12 Months Ended
Dec. 31, 2020
Leases Tables Usd Abstract  
Operating Lease
Operating leases:  

December 31,

2020

   

December 31,

2019

 
Assets:            
  Operating lease right-of-use asset   $ 631,527     $ 674,471  

 

Liabilities:

               
  Current Portion of Long-Term Operating Lease   $ 81,223     $ 71,510  
  Long-Term Operating Lease, Net of Current Portion     953,190       1,034,413  
    $ 1,034,413     $ 1,105,923  
Lease Expense
   

For the Year Ended December 31,

2020

   

For the Year Ended December 31,

2019

 
             
  Operating lease expense   $ 157,315     $ 157,315  
Other Information Related to Leases
 

December 31,

2020

     

December 31,

2019

 
Weighted-average remaining lease term:                
Operating leases    8.25 years         9.25 years  
                 
Discount rate:                
Operating leases   7.00%         7.00%   
Supplemental Cash Flow Information related to leases
   

For the Year Ended

December 31,

2020

   

For the Year Ended

December 31,

2019

 
Cash paid for amounts included in the measurement of lease liabilities:   $ 146,688     $ 65,753  
Maturities of Lease Payments
Year Ended:    Operating Lease  
December 31, 2021   $ 151,088  
December 31, 2022     155,621  
December 31, 2023     160,290  
December 31, 2024     165,098  
December 31, 2025     170,051  
Thereafter     575,131  
Total minimum lease payments     1,377,280  
Less: Interest     342,867  
Present value of lease obligations     1,034,413  
Less: Current portion     81,223  
Long-term portion of lease obligations   $ 953,190