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Long-Term Debt and Other Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Debt

 

 

 

Year ended December 31,

 

 

 

2018

 

 

2017

 

Financing agreement with FlatIron capital that is unsecured.  Down payment of $28,125 was required upfront and equal installment payments of $8,701 to be made over a 10 month period. The note matures May 31, 2019. Annualized interest is 5.99%

 

$

42,875

 

 

$

-

 

 

 

 

 

 

 

 

 

 

Financing agreement with FlatIron capital that is unsecured.  Down payment of $16,500 was required upfront and equal installment payments of $9,610 to be made over a 10 month period. The note matures May 31, 2018. Annualized interest is 5.25%

 

 

-

 

 

 

39,028

 

 

 

 

 

 

 

 

 

 

 

 

$

42,875

 

 

$

39,028

 

  

Schedule of Principal Payments of Debt

Minimum required principal payments on the Company’s debt as of December 31, 2018 are as follows :

 

Years Ending

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2019

 

 

 

$

42,875

 

 

 

 

 

$

42,875