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Operating Lease (Tables) | 3 Months Ended
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Mar. 31, 2020
Leases [Abstract] |
Schedule of Operating Leases Right of Use Assets and Liabilities | The following sets forth the operating lease right of use assets and liabilities as of March 31, 2020:
Assets: |  |  |
Operating lease right of use assets |  | $ | 94,449 |
Liabilities: |  |  |  |
Operating lease obligations-current portion |  | $ | 49,828 |
Operating lease obligations-less current portion |  | $ | 44,620 |
Total operating lease obligations |  | $ | 94,448 |
Schedule of Components of Lease Expenses | The components of lease expense were as follows for the three months ended March 31, 2020:
Selling, general and administrative expenses |  | $ | 98,836 |
Schedule of Future Minimum Lease Payments | Following are the minimum lease payments for each year and in total.
Year ending December 31: |  |  |
2020 |  | $ | 52,915 |
2021 |  |  | 19,176 |
2022 |  |  | 19,176 |
2023 |  |  | 15,980 |
Total undiscounted minimum future lease payments |  |  | 107,247 |
Imputed interest |  |  | (12,799 | )
Total operating lease liability |  | $ | 94,448 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121573735&loc=d3e41502-112717 + Details
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