Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

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

2021 - remaining

 

$ 18,031

 

2022

 

$ 63,724

 

2023

 

$ 62,269

 

2024

 

$ 62,268

 

2025

 

$ 62,268

 

Greater than 5 years

 

$ 396,946

 

Total

 

$ 665,506

 

Less: Amount representing interest

 

$ (81,255 )

Present value of minimum lease payments

 

$ 584,251

 

 

Schedule of future minimum lease payments under operating leases

2021 - remaining

 

$ 50,545

 

2022

 

$ 99,623

 

2023

 

$ 74,653

 

2024

 

$ 48,868

 

2025

 

$ 5,292

 

Total Operating Lease Obligations

 

$ 278,981

 

Less: Amount representing interest

 

$ (10,111 )

Present Value of minimum lease payments

 

$ 268,870

 

Schedule of recognized in short-term lease costs

2021 - remaining

 

$ 19,244

 

2022

 

$ 37,860

 

Total Operating Lease Liabilities

 

$ 57,104

 

Schedule of Grants Repayable

2021 - remaining

 

$ 281,249

 

2022

 

$ 761,541

 

2023

 

$ 662,368

 

2024

 

$ 515,446

 

2025

 

$ 142,380

 

Greater than 5 years

 

$ 766,723

 

Total

 

$ 3,129,707

 

Less: Amount representing interest

 

$ (342,318 )

Total Long-Term Debt

 

$ 2,787,389

 

Schedule of annual payments of collaborative cgreement obligations

2021 - remaining

 

$ 816,789

 

2022 - 2025

 

$ 116,210

 

Total Collaborative Agreement Obligations

 

$ 932,999

 

Schedule of long-term debt payable

2021 - remaining

 

$ -

 

2022

 

$ 45,069

 

2023

 

$ 43,330

 

2024

 

$ 18,808

 

2025

 

$ 20,703

 

Greater than 5 years

 

$ 173,634

 

Total Grants Repayable

 

$ 301,544