LEASES (Tables)

9 Months Ended

Sep. 30, 2021

Leases

Future minimum lease payments under non-cancellable operating leases as of September 30, 2021 were as follows:

Future minimum lease payments under non-cancellable operating leases as of September 30, 2021 were as follows:

Twelve months ending September 30,
2022	$	1,951,263
2023		1,141,072
2024		11,631
Total undiscounted operating lease payments		3,103,966
Less imputed interest (between 4.0% - 6.0%)		(104,902	)
Present value of operating lease payments	$	2,999,064

The following table sets forth the ROU assets and operating lease liabilities as of September 30, 2021:

The following table sets forth the ROU assets and operating lease liabilities as of September 30, 2021:

Assets
ROU assets-net	$	2,790,731
Liabilities
Current operating lease liabilities	$	1,862,933
Long-term operating lease liabilities		1,136,131
Total ROU liabilities	$	2,999,064