LEASE LIABILITIES AND RIGHT OF USE ASSETS (Tables)

6 Months Ended

Jun. 30, 2019

LEASE LIABILITIES AND RIGHT OF USE ASSETS

Schedule of Capital Lease Obligations

	June 30,		December 31,
	2019		2018
Finance equipment lease dated April 5, 2018	$	10,410	$	13,056
Finance equipment lease dated May 8, 2018		11,581		14,525
Finance equipment lease dated June 27, 2018		17,616		21,701
Finance equipment lease dated September 18, 2018		12,670		15,368
Finance equipment lease dated September 28, 2018		13,932		16,672
Finance equipment lease dated February 20, 2019		17,518		—
Finance equipment lease dated June 4, 2019		20,371		—
Total finance lease liabilities		104,098		81,322
Less current portion		(44,556)		(30,172)
Long term portion	$	59,542	$	51,150

Schedule of Capital Leased Assets

The following summarizes the right to use assets under finance leases included in property and equipment:

	June 30,		December 31,
	2019		2018
Classes of property
Computer equipment	$	136,162	$	95,506
Less: accumulated depreciation		(35,359)		(16,117)
	$	100,803	$	79,389

Schedule of Future Minimum Lease Payments for Capital Leases

The following summarizes total future minimum finance lease payments at June 30, 2019:

Period ending December 31,
2019	$	23,649
2020		49,571
2021		33,827
2022		4,416
Total minimum lease payments		111,463
Amount representing interest		(7,365)
Present value of minimum lease payments		104,098
Current portion of finance lease obligations		44,556
Finance lease obligations, less current portion	$	59,542

Schedule Of Allocation Of Total Rental Payments

Operating lease liabilities at June 30, 2019 and January 1, 2019 consist of:

	June 30,		January 1,
	2019		2019
Tucson Arizona office lease	$	461,170	$	518,309
Marietta Georgia office lease		474,708		—
Atlanta Georgia office lease		16,986		49,959
Total operating lease liabilities		952,864		568,268
Less current portion		(190,559)		(166,252)
Long term portion	$	762,305	$	402,016

Schedule Of Future Minimum Lease Payments For Operating Leases

The following summarizes total future minimum operating lease payments at June 30, 2019:

Period ending December 31,
2019	$	124,838
2020		267,500
2021		262,219
2022		244,245
2023		118,166
2024		80,638
Total minimum lease payments		1,097,606
Less: present value discount		(144,742)
Present value of minimum lease payments		952,864
Current portion of operating lease obligations		190,559
Operating lease obligations, less current portion	$	762,305

Schedule Of Lease Expense

The following summarizes lease expenses for the six months ended June 30, 2019:

Finance lease expenses:
Depreciation/amortization expense	$	27,877
Interest on lease liabilities		2,693
Finance lease expense		30,570
Operating lease expense		114,120
Short-term lease expense		38,698
Total lease expenses	$	183,388