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LEASES (Tables)
 6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
SCHEDULE OF OPERATING LEASE RIGHT OF USE ASSETS AND OPERATING LEASE LIABILITIES

The Company leases its facilities under a long-term operating lease agreement expiring in October 2022. The tables below show the operating lease right-of-use assets and operating lease liabilities as of December 31, 2020 and June 30, 2021, including the changes during the periods:

 

   Operating lease
right-of-use assets		 
Net right-of-use assets at December 31, 2020   430,795 
Less amortization of operating lease right-of-use assets   (109,719)
Operating lease right-of-use assets at June 30, 2021  $321,076 

 

   Operating lease
liabilities		 
At December 31, 2020  $491,565 
Less principal payments on operating lease liabilities   (122,780)
Operating lease liabilities at June 30, 2021   368,785 
Less non-current portion   (98,145)
Current portion at June 30, 2021  $270,640 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

As of June 30, 2021, future minimum payments during the next five fiscal years and thereafter are as follows:

 

Year Ending December 31,  Amount 
2021 (six months)  $145,958 
2022   246,650 
Total   392,608 
Less present value discount   (23,823)
Operating lease liabilities  $368,785