Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.19.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2019
Commitments and Contingencies (Tables)  
Schedule of Future Minimum Lease Payments for Capital Leases

 

2019 - remaining

 

$

82,236

 

2020

 

$

116,108

 

2021

 

$

70,836

 

2022

 

$

62,584

 

2023

 

$

61,155

 

Greater than 5 years

 

$

512,155

 

Total

 

$

905,074

 

Less: Amount representing interest

 

$

(117,930

)

Present Value of minimum lease payments

 

$

787,144

 

Operating lease payments

 

2019 - remaining

 

$

41,900

 

2020

 

$

83,756

 

2021

 

$

50,064

 

2022

 

$

14,838

 

Total Operating Lease Obligations

 

$

190,558

 

Less: Amount representing interest

 

$

(10,412

)

Present Value of minimum lease payments

 

$

180,146

 

Schedule of annual payments remaining for short term leases

 

2019 - remaining

 

$

79,587

 

2020

 

$

13,347

 

Total Lease Obligations

 

$

92,934

 

Schedule of expected benefit payments

 

2019 - remaining

 

$

39,795

 

2020

 

$

53,552

 

2021

 

$

50,603

 

2022

 

$

47,867

 

2023

 

$

49,052

 

2024 - Greater than 5 years

 

$

140,504

 

Total Grants Repayable

 

$

381,373

 

Schedule of maturities of long term debt

 

2019 - remaining

 

$

307,650

 

2020

 

$

683,708

 

2021

 

$

612,326

 

2022

 

$

453,910

 

2023

 

$

356,511

 

Greater than 5 years

 

$

375,818

 

Total

 

$

2,789,923

 

Less: Amount representing interest

 

$

(271,053

)

Total Long-Term Debt

 

$

2,518,870

 

Schedule of collaborative arrangements obligations

 

2019- remaining

 

$

2,228,250

 

2020

 

$

1,121,925

 

2021

 

$

988,500

 

Total Collaborative Agreement Obligations

 

$

4,338,675