Lease Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Lease Liabilities - Schedule Of Future Minimum Lease Payments

Schedule Right-of-use Asset

The Company’s right-of-use asset for the nine months ended September 30, 2019 is as follows:

	September 30, 2019
Right-of-use asset	$	63,399
Current lease liability	$	21,221
Long-term lease liability	$	42,178

Schedule of Lease Expense

The components of lease expense are as follows:

		September 30, 2019
Amortization of right-of-use	$	3,296
Interest on lease liability	$	1,212
Total lease cost	$	4,508

Schedule Future Minimum Lease Payments

Maturities of lease liability are as follows:

Future minimum lease payments as of September 30, 2019,

2019	$	6,651
2020		26,606
2021		26,606
2022		13,303
Total future minimum lease payments		73,166
Less: amount representing interest		(9,717	)
Present value of future payments		63,399
Current portion		21,221
Long term portion	$	42,178