Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.21.2
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2021
Commitments and Contingencies  
Schedule of future minimum lease payments under financing leases

2021 - remaining

 

$ 36,917

 

2022

 

$ 65,234

 

2023

 

$ 63,745

 

2024

 

$ 63,744

 

2025

 

$ 63,744

 

Greater than 5 years

 

$ 406,356

 

Total

 

$ 699,740

 

Less: Amount representing interest

 

$ (87,067)

Present value of minimum lease payments

 

$ 612,673

 

Schedule of future minimum lease payments under operating leases

2021 - remaining

 

$ 103,130

 

2022

 

$ 101,644

 

2023

 

$ 76,422

 

2024

 

$ 50,027

 

2025

 

$ 5,417

 

Total Operating Lease Obligations

 

$ 336,640

 

Less: Amount representing interest

 

$ (12,644)

Present Value of minimum lease payments

 

$ 323,996

 

Schedule of recognized in short-term lease costs

2021 - remaining

 

$ 38,855

 

2022

 

$ 38,222

 

Total Operating Lease Liabilities

 

$ 77,077

 

Schedule of Grants Repayable

2021 - remaining

 

$ -

 

2022

 

$ 46,138

 

2023

 

$ 44,367

 

2024

 

$ 19,253

 

2025

 

$ 21,194

 

Greater than 5 years

 

$ 177,740

 

Total Grants Repayable

 

$ 308,692

 

Schedule of long-term debt payable

2021 - remaining

 

$ 508,394

 

2022

 

$ 779,595

 

2023

 

$ 678,071

 

2024

 

$ 527,666

 

2025

 

$ 145,755

 

Greater than 5 years

 

$ 784,900

 

Total

 

$ 3,424,381

 

Less: Amount representing interest

 

$ (382,264)

Total Long-Term Debt

 

$ 3,042,117

 

Schedule of annual payments of collaborative cgreement obligations

2021 - remaining

 

$ 842,026

 

2022 - 2025

 

$ 122,073

 

Total Collaborative Agreement Obligations 

 

$ 964,099