Annual report pursuant to Section 13 and 15(d)

13. Operating Lease Right-of-use Assets and Operating Lease Liability (Tables)

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13. Operating Lease Right-of-use Assets and Operating Lease Liability (Tables)
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
Schedule of operating Right-of-use asset and liability

Right-of-use assets are summarized below:

 

    December 31, 2019  
Office lease   $ 157,213  
Less accumulated amortization     (28,814 )
Right-of-use assets, net   $ 128,399  

 

Operating Lease liabilities are summarized below:

 

    December 31, 2019  
Office lease   $ 138,940  
Less: current portion     (44,270 )
Long term portion   $ 94,670  

Schedule of maturity of lease liabilities
Year ending December 31, 2020   $ 62,183  
Year ending December 31, 2021     64,048  
Year ending December 31, 2022     43,655  
Total payment     169,886  
Amount representing interest     (30,946 )
Lease Obligation, net   $ 138,940