LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Leases

Future minimum lease payments under non-cancellable operating leases as of December 31, 2020 were as follows

Future minimum lease payments under non-cancellable operating leases as of December 31, 2020 were as follows:

Year ending December 31,
2021	$	1,964,815
2022		1,946,746
2023		657,667
2024		8,349
Total undiscounted operating lease payments		4,577,577
Less imputed interest		(221,191	)
Present value of operating lease payments	$	4,356,386

The following table sets forth the ROU assets and operating lease liabilities as of December 31, 2020 and 2019

The following table sets forth the ROU assets and operating lease liabilities as of December 31, 2020 and 2019:

	2020		2019
Assets
ROU Assets-Net	$	4,075,048	$	3,886,863
Liabilities
Current operating lease liabilities	$	1,819,237	$	1,709,153
Long-term operating lease liabilities		2,537,149		2,596,784
Total ROU liabilities	$	4,356,386	$	4,305,937