Quarterly report pursuant to Section 13 or 15(d)

LEASE (Tables)

LEASE (Tables)

9 Months Ended

Sep. 30, 2019

LEASE (Tables)

Schedule of lease liability

		September 30, 2019
Total lease liability		$	292,794
Less: short term portion			45,017
Long term portion		$	247,777

Schedule of maturity analysis under lease agreements

Three months ended December 31, 2019		$	16,567
2020			67,392
2021			69,751
2022			72,222
2023			74,693
2024 and beyond			57,620
Less: Present value discount			(65,451	)
Lease liability		$	292,794

Schedule of lease expense

Operating lease expense		$	62,329
Short-term lease expense			-
Variable lease expense			-
		$	62,329

Schedule of Weighted-average remaining lease term

Weighted-average remaining lease term			5.01
Weighted-average discount rate			8	%