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Operating Leases
 12 Months Ended
Dec. 31, 2020
Operating Leases [Abstract]  
OPERATING LEASES

Note 15 – OPERATING LEASES


The Company has entered into multiple lease agreements for the lease of premises for factory buildings, office spaces and warehouses including several lease agreements with related parties. The remaining lease term of the Company’s leases ranges from approximately 2 to 7 years. The estimated effect of lease renewal and termination options, as applicable, was included in the consolidated financial statements in current period.


The components of lease expense were as follows:


   For the years ended December 31, 
   2020   2019 
Operating lease cost  $50,244   $107,316 
Short-term lease cost   -    22,001 
Total lease cost  $50,244   $129,317 

Rental expense, including expenses incurred from operating leases with related parties, for the year ended December 31, 2018 was $218,414.


Supplemental cash flow information related to leases was as follows:


   For the years ended December 31, 
   2020   2019 
Cash paid for amounts included in the measurement of lease liabilities:        
Operating cash flow from operating leases  $9,420   $1,737 
           
Weighted-average remaining lease term   5.97 years    7.60 years 
Weighted-average discount rate   5.39%   5.39%

Supplemental balance sheet information related to leases was as follows:


   As of December 31, 
   2020   2019 
Operating lease right-of-use assets  $19,103   $- 
Operating lease right-of-use assets, related parties   270,852    286,670 
Total lease right-of-use assets   289,955    286,670 
           
Operating lease liabilities, current   9,913    - 
Operating lease liabilities-related parties, current   195,231    137,347 
Operating lease liabilities-related party, non-current   274,794    286,875 
Total operating lease liabilities  $479,938   $424,222 

The following table summarizes the maturity of our operating lease liabilities as of December 31, 2020:


2020  $221,182 
2021   50,741 
2022   53,785 
2023   57,013 
2024   60,433 
Thereafter   97,022 
Total   540,176 
Less imputed interest   (60,238)
Total operating lease liabilities  $479,938