| Schedule of operating Right-of-use asset and liability |
Right-of-use asset is summarized below:
| |
|
March 31, 2021 |
|
|
March 31, 2020 |
|
| Office lease |
|
$ |
157,213 |
|
|
$ |
157,213 |
|
| Less: accumulated amortization |
|
|
(82,197 |
) |
|
|
(38,669 |
) |
| Right-of-use asset, net |
|
$ |
75,016 |
|
|
$ |
118,544 |
|
Operating Lease liability is summarized below:
| |
|
March 31, 2021 |
|
|
March 31, 2020 |
|
| Office lease |
|
$ |
73,025 |
|
|
$ |
128,707 |
|
| Less: current portion |
|
|
(55,890 |
) |
|
|
(46,415 |
) |
| Long-term portion |
|
$ |
17,135 |
|
|
$ |
82,292 |
|
|
Right-of-use asset is summarized below:
| |
|
December 31, 2020 |
|
|
December 31, 2019 |
|
| Office lease |
|
$ |
157,213 |
|
|
$ |
157,213 |
|
| Less: accumulated amortization |
|
|
(70,655 |
) |
|
|
(28,814 |
) |
| Right-of-use asset, net |
|
$ |
86,558 |
|
|
$ |
128,399 |
|
Operating Lease liability is summarized
below:
| |
|
December 31, 2020 |
|
|
December 31, 2019 |
|
| Office lease |
|
$ |
94,671 |
|
|
$ |
138,940 |
|
| Less: current portion |
|
|
(53,384 |
) |
|
|
(44,270 |
) |
| Long term portion |
|
$ |
41,287 |
|
|
$ |
94,670 |
|
|
| Schedule of maturity of lease liabilities |
Maturity of lease liability is as follows:
| Year ending December 31, 2021 |
|
$ |
48,273 |
|
| Year ending December 31, 2022 |
|
|
43,655 |
|
| Total future minimum lease payment |
|
|
91,928 |
|
| Imputed interest |
|
|
(9,636 |
) |
| Lease Obligation, net |
|
$ |
82,292 |
|
|
Maturity of lease liability is as follows:
| Year ending December 31, 2021 |
|
$ |
64,048 |
|
| Year ending December 31, 2022 |
|
|
43,655 |
|
| Total future minimum lease payment |
|
|
107,703 |
|
| Imputed interest |
|
|
(13,032 |
) |
| Lease Obligation, net |
|
$ |
94,671 |
|
|