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Commitments and Contingencies (Tables) | 6 Months Ended
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Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract] |
Schedule of supplemental cash flow information |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows paid for operating lease |  | $ | 30,000 |
Right-of-use asset obtained in exchange for lease obligation: |  |  |  |
Operating lease |  | $ | 169,578 |
Schedule of supplemental balance sheet information |
Operating Lease: |  |  |
Operating lease right-of-use asset |  | $ | 169,578 |
Current portion of operating lease liability |  | $ | 76,379 |
Long-term operating lease liability |  |  | 99,199 |
Total operating lease liability |  | $ | 175,578 |
Weighted Average Remaining Lease Term (in years): |  |  |  |
Operating lease |  |  | 2.5 |
Weighted Average Discount Rate: |  |  |  |
Operating lease |  |  | 5.0 | %
Schedule of maturity of lease liability |
For the Year Ending June 30: |  | Operating Lease |
2021 |  | $ | 72,000 |
2022 |  |  | 72,000 |
2023 |  |  | 36,000 |
2024 and thereafter |  |  | - |
Total lease payments |  |  | 180,000 |
Amount of lease payments representing interest |  |  | (10,422 | )
Total present value of operating lease liability |  | $ | 169,578 |

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of supplemental cash flow information for the periods presented. + References No definition available. + Details
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