Lease Liabilities (Tables)

6 Months Ended

Jun. 30, 2021

Lease Liabilities

Schedule Right-of-use Asset

The Company’s right-of-use asset for the six months ended June 30, 2021 as follows:

	2021
Right-of-use asset	$	631,753
Current lease liability	$	213,775
Long-term lease liability	$	420,369

Schedule of Components of Lease Expense

The components of lease expense are as follows:

	June 30, 2021		June 30, 2020
Amortization of right-of-use	$	28,927	$	10,540
Interest on lease liability	$	6,704	$	2,789
Total lease cost	$	35,631	$	13,329

Schedule of Future Minimum Lease Payments

Future minimum lease payments as of June 30, 2021,

2021 (remainder of year)		132,788
2022		254,469
2023		238,918
2024		99,549
Total future minimum lease payments		725,724
Less: amount representing interest		(91,580	)
Present value of future payments		634,144
Current portion		213,775
Long term portion	$	420,369