4. LEASES (Details Narrative) - USD ($)	6 Months Ended
Jun. 30, 2020	Dec. 31, 2019
Lease assets	$ 527,371	$ 585,251
Successor
Lease assets	527,371
Lease liability	541,804
Cash paid for amounts included in measurement of operating lease liabilities	$ 74,709
Weighted average remaining lease term	4 years
Weighted average discount rate	6.25%

Present value of lessee's discounted obligation for lease payments from operating lease.

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-Publisher FASB
-Name Accounting Standards Codification
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Amount of lessee's right to use underlying asset under operating lease.

+ References

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Weighted average discount rate for operating lease calculated at point in time.

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Weighted average remaining lease term for operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

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Amount of increase in right-of-use asset obtained in exchange for operating lease liability.

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