Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of future minimum rent payments

Twelve month period ending March 31,
2021	$	94,800
2022		94,800
2023		94,800
2024		71,100
Total future minimum lease payments		355,500
Less imputed interest		(23,842	)
Total operating lease liability	$	331,658

Schedule of costs incurred with respect to the company's leases

	Three Months Ended March 31, 2020		Three Months Ended March 31, 2019
Operating lease expense	$	25,000	$	25,000
Finance lease amortization		5,752		5,000
Finance lease interest		173		205
Total lease expense	$	30,925	$	30,205

Schedule of components lease costs, lease term and discount rate

	March 31, 2020
Remaining lease term – operating lease		3.75 years
Weighted average remaining lease term – finance leases		2.84 years
Discount rate – operating lease		3.7	%
Weighted average discount rate – finance leases		3.2	%